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PHOENIX (AP) — PHOENIX (AP) — Republic Services Inc. (RSG) on Thursday reported first-quarter net income of $495 million.
The Phoenix-based company said it had net income of $1.58 per share.
The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.
The waste management company posted revenue of $4.01 billion in the period, which fell short of Street forecasts. Eight analysts surveyed by Zacks expected $4.05 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RSG at https://www.zacks.com/ap/RSG