Summary:
- Republic Services (RSG, Financial) set to announce first-quarter earnings on April 24th.
- Analysts predict a 5.5% EPS growth and 4.7% increase in revenue.
- Stock currently rated "Outperform" with a potential 4.16% upside.
Republic Services Inc. (RSG) is gearing up to release its first-quarter earnings on April 24th, post-market close. The company has demonstrated robust performance over the past quarters, consistently exceeding EPS expectations. Analysts are optimistic, forecasting an earnings per share of $1.53, which represents a 5.5% increase from the previous year. They also anticipate revenue to reach $4.04 billion, marking a 4.7% rise.
Wall Street Analysts Forecast
The sentiment on Wall Street towards Republic Services Inc (RSG, Financial) remains positive. Based on projections from 17 analysts, the average price target is set at $250.85, suggesting an upside potential of 4.16% from the current share price of $240.83. The estimates range from a low of $178.50 to a high of $270.00. Investors can delve deeper into these projections on the Republic Services Inc (RSG) Forecast page.
Republic Services is currently enjoying an "Outperform" status based on the consensus recommendation of 22 brokerage firms, which stands at an average of 2.1 on a scale where 1 signifies a Strong Buy and 5 indicates a Sell. This rating underscores the confidence in the company's future performance and stock appreciation potential.
Meanwhile, the GuruFocus estimate of the GF Value for Republic Services Inc (RSG, Financial) signals a potential downside. The GF Value, pegged at $198.78, is derived from historical trading multiples, past growth metrics, and future performance projections. This suggests a 17.46% decrease from the current market price. For more comprehensive insights, the Republic Services Inc (RSG) Summary page offers a detailed analysis.
