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

Zacks Equity Research
·2-min read

Republic Services, Inc. RSG 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.

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Republic Services has an Earnings ESP of 0.00% and a Zacks Rank #2.

Republic Services, Inc. Price and EPS Surprise

Republic Services, Inc. price-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 third-quarter 2021 earnings:

Avis Budget CAR 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 has an Earnings ESP of +2.83% and a Zacks Rank #3.

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


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Avis Budget Group, Inc. (CAR) : Free Stock Analysis Report

Republic Services, Inc. (RSG) : Free Stock Analysis Report

WEX Inc. (WEX) : Free Stock Analysis Report

S&P Global Inc. (SPGI) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research