Republic Services Sees FY24 Adj. EPS $5.94-$6.00 vs $5.97 Est., Revenue $16.1B-$16.2B vs $15.84B Est.
Portfolio Pulse from Benzinga Newsdesk
Republic Services forecasts its FY24 adjusted EPS to be between $5.94 and $6.00, surpassing the estimated $5.97. The company also projects its revenue to range from $16.1 billion to $16.2 billion, exceeding the expected $15.84 billion.
February 27, 2024 | 9:13 pm
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Republic Services projects higher-than-expected FY24 adjusted EPS and revenue, indicating strong financial health and growth prospects.
Republic Services' forecast surpassing the analysts' expectations suggests a positive outlook on the company's financial health and growth prospects. This is likely to instill confidence among investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100