S&P 500 (NYSE:SPY) component Republic Services, Inc. (NYSE:RSG) will unveil its latest earnings on Thursday, April 26, 2012. Republic Services offers non-hazardous solid waste collection, transfer, recycling and disposal services in the United States.
Republic Services, Inc. Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average analyst estimate is for net income of 42 cents per share, no change from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 44 cents. Between one and three months ago, the average estimate moved down. It has risen from 41 cents during the last month. Analysts are projecting profit to rise by 2.6% compared to last year’s $2.01.
Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 8 cents, reporting profit of 53 cents per share against a mean estimate of net income of 45 cents per share.
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Wall St. Revenue Expectations: On average, analysts predict $1.97 billion in revenue this quarter, a rise of 0.5% from the year-ago quarter. Analysts are forecasting total revenue of $8.32 billion for the year, a rise of 1.6% from last year’s revenue of $8.19 billion.
Analyst Ratings: Analysts are bullish on this stock, with five analysts rating it as a buy, none rating it as a sell and one rating it as a hold.
A Look Back: In the fourth quarter of the last fiscal year, profit rose 29.4% to $191 million (51 cents a share) from $147.6 million (39 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 0.2% to $2.03 billion from $2.02 billion.
Stock Price Performance: Between January 25, 2012 and April 20, 2012, the stock price rose $2.66 (9.4%), from $28.35 to $31.01. The stock price saw one of its best stretches over the last year between January 24, 2012 and February 1, 2012, when shares rose for seven straight days, increasing 5.8% (+$1.64) over that span. It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight days, dropping 7.4% (-$2.29) over that span.
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
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