Free Research Report as Republic’s Quarterly Revenue Grew 7.6%; Adjusted EPS Advanced 7%

Stock Monitor: Clean Harbors Post Earnings Reporting

LONDON, UK / ACCESSWIRE / March 12, 2018 / Active-Investors.com has just released a free earnings report on Republic Services, Inc. (NYSE: RSG). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=RSG. Republic Services reported its fourth quarter and fiscal 2017 operating and financial results on February 08, 2018. The waste management company outperformed top- and bottom-line expectations and provided guidance for FY18. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for Clean Harbors, Inc. (NYSE: CLH), which also belongs to the Industrial Goods sector as the Company Republic Services. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/?symbol=CLH

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Republic Services most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=RSG

Earnings Highlights and Summary

For the three-months ended December 31, 2017, Republic Services' revenue grew 7.6% to $2.56 billion compared to $2.38 billion in Q4 2016. The Company's reported quarter revenue growth included average yield of 2.4% and volume growth of 2.7%. Republic Services' reported numbers exceeded analysts' estimates of $2.50 billion.

For full-year 2017, Republic Services' revenue totaled $10.04 billion compared to $9.39 billion in FY16. The Company's revenue growth from average yield was 2.5%, Republic Services' highest level of average yield since 2009. Volumes increased 1.8% on a y-o-y basis.

For Q4 2017, Republic Services reported net income of $664.4 million, or $1.98 per diluted share, versus $189.5 million, or $0.55 per diluted share, for Q4 2016. Excluding certain benefits and expenses, on an adjusted basis, the Company's net income for the reported quarter was $203.8 million, or $0.61 per diluted share, versus $193.8 million, or $0.57 per diluted share, for the year earlier same quarter. Republic Services' earnings beat Wall Street's estimates of $0.57 per share.

For FY17, Republic Services' net income totaled $1.28 billion, or $3.77 per diluted share, versus $612.6 million, or $1.78 per diluted share, for FY16. On an adjusted basis, the Company's net income for the year ended December 31, 2017, was $822.2 million, or $2.43 per diluted share, versus $763.3 million, or $2.22 per diluted share, for the comparable 2016 period.

Cash Matters

For FY17, Republic Services' cash provided by operating activities was $1.9 billion and adjusted free cash flow was $934 million. The Company returned $1.1 billion to shareholders in FY17 through share repurchases and dividends, representing a cash yield of 5.1%.

Fiscal Year 2018 Guidance

For FY18, Republic Services is forecasting revenue growth in the range of 4.0% to 4.5%, excluding the impact of adopting the new revenue recognition standard. The Company expects adjusted diluted earnings per share to be in the range of $3.05 to $3.10, an increase of 27% on a y-o-y basis.

Republic Services expects adjusted free cash flow for FY17 to be in the band of $1.09 billion to $1.12 billion, representing an increase of 18% on a y-o-y basis. The Company anticipates receiving $1.05 billion of property and equipment, net of proceeds from the sale of property and equipment.

For FY18, Republic Services expects to invest over $150 million in tuck-in acquisitions. Additionally, the Company expects to return approximately $1.2 billion total cash to shareholders, through $450 million of dividends and $775 million in share repurchases.

Stock Performance Snapshot

March 09, 2018 - At Friday's closing bell, Republic Services' stock climbed 1.03%, ending the trading session at $68.90.

Volume traded for the day: 2.18 million shares, which was above the 3-month average volume of 1.73 million shares.

Stock performance in the last month – up 6.66%; previous three-month period – up 5.55%; past six-month period – up 6.64%; and previous twelve-month period – up 10.59%

After last Friday's close, Republic Services' market cap was at $23.00 billion.

Price to Earnings (P/E) ratio was at 18.20.

The stock has a dividend yield of 2.00%.

The stock is part of the Industrial Goods sector, categorized under the Waste Management industry. This sector was up 1.9% at the end of the session.

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