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What's in Store for Republic Services (RSG) in Q3 Earnings?

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Republic Services, Inc. (RSG - Free Report) is scheduled to report third-quarter 2021 results on Oct 28, after market close.

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

Q3 Expectations

Favorable impacts of internal growth and acquisitions are likely to have aided Republic Services' third-quarter 2021 revenues, the Zacks Consensus Estimate for which stands at $2.82 billion, indicating growth of 9.6% from the year-ago quarter’s reported figure.

Improvement in operating margins is likely to have aided the bottom line. The Zacks Consensus Estimate for earnings is pegged at $1.03 per share, indicating growth of 3% 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. But that’s not the case here. 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 0.00% and a Zacks Rank #2.

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 third-quarter 2021 earnings:

Avis Budget (CAR - Free Report) has an Earnings ESP of +18.16% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

WEX (WEX - Free Report) has an Earnings ESP of +2.83% and a Zacks Rank #3.

S&P Global (SPGI - Free Report) has an Earnings ESP of +0.63% and a Zacks Rank #3.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Avis Budget Group, Inc. (CAR) - free report >>

Republic Services, Inc. (RSG) - free report >>

WEX Inc. (WEX) - free report >>

S&P Global Inc. (SPGI) - free report >>