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What's in Store for Republic Services (RSG) in Q4 Earnings?

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Republic Services, Inc. (RSG - Free Report) is scheduled to report fourth-quarter 2020 results on Feb 22, after market close.

Let’s check out how things have shaped up for the announcement.

Q4 Expectations

Unfavorable impact of internal growth and acquisitions is likely to have weighed on Republic Services' fourth-quarter 2020 revenues, the Zacks Consensus Estimate for which stands at $2.55 billion, indicating a decline of 1% from the year-ago quarter’s reported figure.

Going by the lines of business, the consensus estimate for Collection revenues is pegged at $1.92 billion, indicating year-over-year decline of 1.4%. The consensus mark for Transfer revenues is pegged at $137 million, indicating a year-over-year decline of 3.5%. The consensus estimate for Landfill revenues is pegged at $322 million, indicating a decline of 1.2% from the year-ago quarter’s reported figure. The consensus mark for Environmental revenues is pegged at $22.76 million, indicating a massive year-over-year decline of 52.7%.

The Zacks Consensus Estimate for earnings is pegged at 80 cents per share, indicating a decline of 12.1% from the year-ago quarter’s reported figure.

What Our Model Says

Our proven model does not conclusively predict an earnings beat for Republic Services this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.

Republic Services has an Earnings ESP of -2.86% and a Zacks Rank #3.

Stocks to Consider

Here are a few stocks from the broader Zacks Business Services sector that investors may consider, as our model shows that these have the right combination of elements to beat on fourth-quarter 2020 earnings.

TransBlue(TBI - Free Report) has an Earnings ESP of +75.00% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Rocket Companies (RKT - Free Report) has an Earnings ESP of +3.12% and a Zacks Rank #2.

WEX (WEX - Free Report) has an Earnings ESP of +0.27% and a Zacks Rank #2.

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