Republic Services (RSG) Posts Quarterly Results
Republic Services (NYSE:RSG) announced its earnings results on Thursday. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.06, Stock Ratings Network reports. The company had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the previous year, the company posted $0.42 earnings per share. The company’s revenue for the quarter was up 5.8% on a year-over-year basis.
Republic Services (NYSE:RSG) traded up 3.05% during mid-day trading on Friday, hitting $34.49. 783,842 shares of the company’s stock traded hands. Republic Services has a one year low of $26.25 and a one year high of $35.61. The stock has a 50-day moving average of $33.41 and a 200-day moving average of $33.85. The company has a market cap of $12.486 billion and a price-to-earnings ratio of 26.56.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, January 15th. Shareholders of record on Thursday, January 2nd will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 3.11%.
Republic Services, Inc (NYSE:RSG) is a provider of services in the domestic non-hazardous solid waste industry.
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