Republic Services reports Q3 adjusted EPS $1.54, consensus $1.42

Reports Q3 revenue $3.83B, consensus $3.81B. “During the third quarter, we delivered strong results as we continue to execute on our strategy designed to profitably grow the business,” said Jon Vander Ark, president and chief executive officer. “Our revenue growth was broad-based, including healthy pricing, positive organic volume growth and above-average contribution from acquisitions, which resulted in adjusted EBITDA growth of nine percent and 70 basis points of margin expansion. The investments we are making in sustainability growth initiatives remain on track, with expected financial contribution beginning in 2024.”