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Garbage management firm Republic Services beats profit estimate on strong pricing, demand

ReutersFeb 13, 2025 9:55 PM

- Republic Services RSG.N beat fourth-quarter profit estimate on Thursday, helped by higher prices and steady demand for garbage collection and disposal.

Waste Management WM.N and Republic Services are two publicly traded companies, which provide garbage collection and disposal services across the United States.

Republic Services posted adjusted profit of $1.58 per share for the quarter, compared with analysts' average estimate of $1.40 per share, according to data compiled by LSEG.

Revenue for the quarter ended December 31 rose 5.5% to $4.05 billion.

The company said it expects to invest about $1 billion in acquisitions in 2025.

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