Republic Services Beats Q2 Estimates, Lifts 2026 Outlook on Pricing Strength
RSG is trading near its 52-week low of $196.41 (8.2% above the low).
Summary
Republic Services delivered a clean Q2 beat with revenue of $4.43B (vs. $4.36B consensus) and adjusted EPS of $1.85 (vs. $1.81). Pricing actions more than offset a 1.6% volume decline, while acquisitions added 1.1% to the top line. Management raised full-year 2026 guidance across the board — revenue to $17.2B-$17.3B, adjusted EBITDA to $5.525B-$5.55B, and adjusted EPS to $7.23-$7.28 — signaling confidence in sustained margin expansion. The board also approved a 7% dividend hike to $0.67 per share, following the $1.2B debt offering in June that strengthened the balance sheet. This is the second consecutive quarter of raised guidance, reinforcing the pricing-led growth narrative in a steady waste-services market.
At the time of this announcement, RSG was trading at $212.43 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $64.5B. The 52-week trading range was $196.41 to $238.62. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.