- Republic Services reported an adjusted EPS of $1.58, surpassing the expected $1.39.
- The company’s revenue for the fourth quarter was $4.05 billion, slightly below the anticipated $4.07 billion.
- The adjusted EBITDA margin was 31%, higher than the estimated 29.7%.
- Adjusted EBITDA reached $1.25 billion, exceeding the projected $1.21 billion.
- Analyst recommendations include 14 buys, 8 holds, and 1 sell rating.
Republic Services on Smartkarma
Analyst coverage of Republic Services on Smartkarma is positive, with Baptista Research providing bullish insights on the company. According to their research report titled “Republic Services Group: How Will The Accelerated Adoption of EV Technology Benefit Their Business? – Major Drivers,” Republic Services showcased strong performance in the third quarter of 2024. The company reported a 7% revenue increase, a 14% growth in adjusted EBITDA, and expanded adjusted EBITDA margin by 210 basis points. Adjusted earnings per share stood at $1.81, with an adjusted free cash flow of $1.74 billion year-to-date.
A look at Republic Services Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Republic Services, Inc., a leading provider of non-hazardous solid waste disposal services in the United States, demonstrates a promising long-term outlook based on the Smartkarma Smart Scores. With a strong growth score of 4 and a solid momentum score of 4, the company appears well-positioned for future expansion and performance in the market. Its services cater to various sectors, including commercial, industrial, municipal, and residential customers, highlighting its diverse revenue streams and market presence.
While Republic Services scores moderately on value, dividend, and resilience factors with scores of 2 each, the higher rankings in growth and momentum indicate potential for sustained growth and market interest. The company’s operations, which include managing transfer stations, landfills, and recycling facilities, underscore its commitment to sustainability and environmental responsibility, aligning with growing ESG considerations among investors.
Summary: Republic Services, Inc. provides non-hazardous solid waste collection and disposal services in the United States. The Company caters to commercial, industrial, municipal, and residential customers, operating transfer stations, landfills, and recycling facilities.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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