Trash management firm Republic Services misses revenue estimates on lower volumes

Reuters
2025/10/31
Trash management firm Republic Services misses revenue estimates on lower volumes

Oct 30 (Reuters) - Garbage management firm Republic Services RSG.N missed analysts' estimates for third-quarter revenue on Thursday, weighed down by weak volumes, sending its shares down 3% in extended trading.

Volumes from its residential waste collection business fell 2.4% in the quarter from a year earlier.

The company's total revenue for the third quarter came at $4.21 billion, compared with analysts estimates of $4.25 billion, according to data compiled by LSEG.

Earlier this week, peer Waste Management WM.N also missed Wall Street estimates for third quarter profit and revenue estimates on weak pricing and slow growth in its healthcare waste collection business.

Republic Services also said that it expects revenue to be near the low end of its full-year forecast range of $16.67 billion to $16.75 billion.

The Arizona-based company posted an adjusted profit of $1.90 per share for the quarter ended September 30, ahead of analysts' average expectation of $1.78 per share.

(Reporting by Anshuman Tripathy in Bengaluru; Editing by Maju Samuel)

((Anshuman.Tripathy@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10