PHOENIX (AP) — PHOENIX (AP) — Republic Services Inc. (RSG) on Tuesday reported third-quarter profit of $565.7 million.
On a per-share basis, the Phoenix-based company said it had net income of $1.80. Earnings, adjusted for one-time gains and costs, came to $1.81 per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.62 per share.
The waste management company posted revenue of $4.08 billion in the period, falling short of Street forecasts. Eight analysts surveyed by Zacks expected $4.11 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RSG at https://www.zacks.com/ap/RSG
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