Republic Services Q1 adjusted earnings Beat Estimates

(RTTNews) - Republic Services (RSG) released earnings for its first quarter that rose from the same period last year.

The company's profit totaled $295.9 million, or $0.93 per share. This compares with $246.3 million, or $0.77 per share, in last year's first quarter.

Excluding items, Republic Services reported adjusted earnings of $297.2 million or $0.93 per share for the period.

Analysts had expected the company to earn $0.85 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.0% to $2.60 billion from $2.55 billion last year.

Republic Services earnings at a glance:

-Earnings (Q1): $297.2 Mln. vs. $241.1 Mln. last year. -EPS (Q1): $0.93 vs. $0.75 last year. -Analysts Estimate: $0.85 -Revenue (Q1): $2.60 Bln vs. $2.55 Bln last year.

-Guidance: Full year EPS guidance: $3.74 to $3.79