Higher Prices and Volumes Drove Republic Services, Inc. to Its Best Quarter in 8 Years
Republic Services (NYSE: RSG) once again benefited from its ability to collect greater volumes even as it pushes through higher prices. Those dual fuels propelled revenue up 7.5% in the second quarter -- its best growth rate in eight years -- while earnings notched a double-digit gain. That strong performance allowed the company to boost its full-year profit outlook.
Metric
Q2 2017
Source: Fool.com
Republic Services Stock
€172.30
-0.920%
The stock is an absolute favorite of our community with 21 Buy predictions and no Sell predictions.
With a current price of 172.3 € Republic Services is right around the predicted target price of 174 €.
