Republic Services (RSG) Is Winning On Price While Volumes Slip
Republic Services reported second-quarter earnings of $1.84 per diluted share, up from $1.75 in the prior year, and raised its full-year guidance across revenue, adjusted earnings per share, and free cash flow metrics.
The company’s growth was primarily driven by pricing power. Core pricing contributed 5.3% to revenue growth, with total revenue rising 4.6%. Within the collection segment, pricing added 4.1% in restricted markets and 7.8% in open markets. Management noted that price increas