Republic Services Stock Performance
Republic Services reported Q4 2024 earnings per share exceeding estimates, with a result of $1.23 per share compared to the expected $1.20 per share. However, revenue fell short of expectations, totaling $2.43 billion against the predicted $2.45 billion.
Analyst Reaction
Analysts have maintained their ratings for the stock, with several increasing their price targets. The updated guidance for 2025 has been met with satisfaction from investors.
Stock Performance
The stock has experienced a significant increase in value, with a gain of 3.06% on the previous trading day. This increase is attributed to the company’s earnings beats and updated analyst coverage.
Key Statistics
- Earnings per share: $1.23 (exceeding estimates)
- Revenue: $2.43 billion (falling short of expectations)
- Price target increases: Several analysts have increased their price targets for the stock.