Republic Services Earnings Calls
Release date | Apr 24, 2025 |
EPS estimate | $1.53 |
EPS actual | $1.58 |
EPS Surprise | 3.27% |
Revenue estimate | 4.045B |
Revenue actual | 4.009B |
Revenue Surprise | -0.90% |
Release date | Feb 13, 2025 |
EPS estimate | $1.40 |
EPS actual | $1.58 |
EPS Surprise | 12.86% |
Revenue estimate | 4.073B |
Revenue actual | 4.046B |
Revenue Surprise | -0.672% |
Release date | Oct 29, 2024 |
EPS estimate | $1.61 |
EPS actual | $1.81 |
EPS Surprise | 12.42% |
Revenue estimate | 4.12B |
Revenue actual | 4.076B |
Revenue Surprise | -1.05% |
Release date | Jul 24, 2024 |
EPS estimate | $1.53 |
EPS actual | $1.61 |
EPS Surprise | 5.23% |
Revenue estimate | 4.038B |
Revenue actual | 4.048B |
Revenue Surprise | 0.241% |
Last 4 Quarters for Republic Services
Below you can see how RSG performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Release date | Jul 24, 2024 |
Price on release | $199.67 |
EPS estimate | $1.53 |
EPS actual | $1.61 |
EPS surprise | 5.23% |
Date | Price |
---|---|
Jul 18, 2024 | $204.57 |
Jul 19, 2024 | $203.46 |
Jul 22, 2024 | $205.08 |
Jul 23, 2024 | $199.04 |
Jul 24, 2024 | $199.67 |
Jul 25, 2024 | $189.34 |
Jul 26, 2024 | $190.30 |
Jul 29, 2024 | $192.16 |
Jul 30, 2024 | $192.36 |
4 days before | -2.40% |
4 days after | -3.66% |
On release day | -5.17% |
Change in period | -5.97% |
Release date | Oct 29, 2024 |
Price on release | $204.31 |
EPS estimate | $1.61 |
EPS actual | $1.81 |
EPS surprise | 12.42% |
Date | Price |
---|---|
Oct 23, 2024 | $203.98 |
Oct 24, 2024 | $201.53 |
Oct 25, 2024 | $199.83 |
Oct 28, 2024 | $200.42 |
Oct 29, 2024 | $204.31 |
Oct 30, 2024 | $198.81 |
Oct 31, 2024 | $198.00 |
Nov 01, 2024 | $198.58 |
Nov 04, 2024 | $200.59 |
4 days before | 0.162% |
4 days after | -1.82% |
On release day | -2.69% |
Change in period | -1.66% |
Release date | Feb 13, 2025 |
Price on release | $224.49 |
EPS estimate | $1.40 |
EPS actual | $1.58 |
EPS surprise | 12.86% |
Date | Price |
---|---|
Feb 07, 2025 | $221.07 |
Feb 10, 2025 | $222.10 |
Feb 11, 2025 | $223.25 |
Feb 12, 2025 | $223.50 |
Feb 13, 2025 | $224.49 |
Feb 14, 2025 | $231.37 |
Feb 18, 2025 | $228.55 |
Feb 19, 2025 | $229.66 |
Feb 20, 2025 | $230.86 |
4 days before | 1.55% |
4 days after | 2.84% |
On release day | 3.06% |
Change in period | 4.43% |
Release date | Apr 24, 2025 |
Price on release | $240.76 |
EPS estimate | $1.53 |
EPS actual | $1.58 |
EPS surprise | 3.27% |
Date | Price |
---|---|
Apr 17, 2025 | $243.28 |
Apr 21, 2025 | $238.37 |
Apr 22, 2025 | $242.57 |
Apr 23, 2025 | $241.37 |
Apr 24, 2025 | $240.76 |
Apr 25, 2025 | $243.56 |
Apr 28, 2025 | $246.11 |
Apr 29, 2025 | $247.70 |
Apr 30, 2025 | $250.75 |
4 days before | -1.04% |
4 days after | 4.15% |
On release day | 1.16% |
Change in period | 3.07% |
Republic Services Earnings Call Transcript Summary of Q1 2025
Republic Services Q1 2025 Earnings Call Summary for Investors
Key Financial Highlights:
- Revenue Growth: Q1 revenue increased by 4% compared to the same period last year.
- Adjusted EBITDA: Grew by 9%, resulting in an adjusted EBITDA margin expansion of 140 basis points to 31.6%.
- Earnings Per Share: Adjusted earnings per share were reported at $1.58.
- Free Cash Flow: Reached $727 million, a 36% increase year-over-year.
- Customer Retention: Maintained a strong customer retention rate above 94%.
Operational Insights:
- Pricing Strategy: Achieved an average yield on total revenue of 4.5% and 5.4% on related revenue, exceeding cost inflation.
- Volume Trends: While overall volumes decreased by 1.2%, significant volume losses were attributed to shedding underperforming residential contracts and slower construction activity. Q1 was impacted by challenging winter weather, which affected volume performance by approximately $25 million to $30 million.
- Customer Satisfaction: Improvements in service delivery have positively influenced customer loyalty and Net Promoter Score (NPS).
Strategic Initiatives:
- Digital Transformation: Continued rollout of digital tools like the Empower fleet management system, which is currently operating in nearly 40% of facilities.
- Sustainability Investments: Progress in developing polymer centers for recycling, with the Indianapolis center expected to ramp up commercial production in June 2025. The company remains committed to fleet electrification, with plans to have over 150 electric vehicles by year-end.
- M&A Activity: Invested $826 million in strategic acquisitions, including Shamrock Environmental, which enhances waste and wastewater treatment capabilities. The company sees potential for over $1 billion in further M&A opportunities throughout 2025.
Management Commentary:
- Market Outlook: Management remains cautious yet optimistic regarding cyclical recovery in the construction and manufacturing sectors, potentially leading to improved volume in the latter half of 2025.
- Margin Expectations: Continued price-cost spread improvements are anticipated, with a focus on sustaining margin growth amid tighter economic conditions.
- Long-term Strategy: Republic Services plans to pursue steady acquisition and organic growth strategies while maintaining a focus on sustainability as a critical growth driver.
Conclusion: Republic Services demonstrated robust financial performance in Q1 2025 with effective pricing strategies and solid customer retention despite volume headwinds. The company's ongoing investments in sustainability and digital capabilities indicate a strategic focus on long-term growth. Investors should monitor the company's quarterly updates as market dynamics evolve.