PHOENIX (AP) — PHOENIX (AP) — Republic Services Inc. (RSG) on Thursday reported third-quarter net income of $550 million.
On a per-share basis, the Phoenix-based company said it had profit of $1.76. Earnings, adjusted for non-recurring costs and restructuring costs, came to $1.90 per share.
The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share.
The waste management company posted revenue of $4.21 billion in the period, missing Street forecasts. Eleven analysts surveyed by Zacks expected $4.25 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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