Back to top

Image: Bigstock

Will Republic Services (RSG) Disappoint in Q1 Earnings?

Read MoreHide Full Article

Republic Services, Inc. (RSG - Free Report) is scheduled to report first-quarter 2019 results on Apr 25, after market close.

So far this year, shares of Republic Services have gained 9.7% compared with 18.6% rise of the industry it belongs to and 15.4% rise of the Zacks S&P 500 Composite.

 

What to Expect This Time

The Zacks Consensus Estimate for first-quarter 2019 revenues stands at $2.50 billion, indicating year-over-year growth of 2.8%. The top line is expected to benefit from the positive impact of internal growth and acquisitions. The consensus estimate indicates 2.26% and 1.07% positive impact of internal growth and acquisitions, respectively.

In fourth-quarter 2018, revenues of $2.53 billion improved 2.6% year over year, which included a positive impact of 2.3% due to internal growth and 30 basis points from acquisitions.

The Zacks Consensus Estimate for earnings per share (EPS) in the to-be-reported quarter is pegged at 73 cents, indicating year-over-year decline of 1.4%. In fourth-quarter 2018, adjusted earnings of 80 cents per share increased 31.1% year over year.

Our Model Doesn’t Suggest a Beat

According to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP. Zacks Rank #4 (Sell) or 5 (Strong Sell) stocks are best avoided, especially if they have a negative Earnings ESP. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Republic Services has a Zacks Rank #4 and an Earnings ESP of -1.84%.

Republic Services, Inc. Price and EPS Surprise

 

Republic Services, Inc. Price and EPS Surprise | Republic Services, Inc. Quote

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 earnings in first-quarter 2019:

SailPoint Technologies has an Earnings ESP of +100.00% and a Zacks Rank #1. The company is scheduled to report results on May 8. You can see the complete list of today’s Zacks #1 Rank stocks here.

Total System Services has an Earnings ESP of +1.44% and a Zacks Rank #3. The company is slated to release results on Apr 23.

EVERTEC (EVTC - Free Report) has an Earnings ESP of +2.74% and a Zacks Rank #3. The company is scheduled to report results on May 1.

Is Your Investment Advisor Fumbling Your Financial Future?

See how you can more effectively safeguard your retirement with a new Special Report, “4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.”

Click to get it free >>


Unique Zacks Analysis of Your Chosen Ticker


Pick one free report - opportunity may be withdrawn at any time


Republic Services, Inc. (RSG) - $25 value - yours FREE >>

Evertec, Inc. (EVTC) - $25 value - yours FREE >>

Published in