Republic Servs Q2 EPS $1.41 Beats $1.33 Estimate, Sales $3.73B Beat $3.70B Estimate
Portfolio Pulse from Benzinga Newsdesk
Republic Servs (NYSE:RSG) reported Q2 earnings of $1.41 per share, beating the analyst consensus estimate of $1.33 by 6.02%. This is a 6.82% increase from the same period last year. The company also reported quarterly sales of $3.73 billion, beating the analyst consensus estimate of $3.70 billion by 0.73%. This is a 9.14% increase from the same period last year.
July 31, 2023 | 8:32 pm
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Republic Servs reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Companies that report earnings and sales that beat analyst estimates often see a positive reaction in their stock price as this indicates better than expected performance. Republic Servs' Q2 results beat both earnings and sales estimates, which could lead to a positive short-term impact on its stock price.
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