Republic Services Q4 Profit Rises - Quick Facts

(RTTNews) - Republic Services, Inc. (RSG) reported net income attributable to the company for the fourth quarter of $236.6 million or $0.65 per share, compared to $127.0 million or $0.35 per share for the year-ago quarter.

Excluding items, adjusted, net income for the fourth quarter was $193.1 million or $0.53 per share, compared to $155.7 million or $0.43 per share in the prior year quarter.

Revenue for the latest fourth quarter increased 5.6% to $2.14 billion from $2.03 billion a year ago.

On average, analysts polled by Thomson Reuters expected the company to earn $0.46 per share on revenue of $2.12 billion for the fourth quarter.

Looking ahead to 2014, the company expects earnings per share to be in the range of $1.93 to $1.98 and an increase in revenue for 2014 of 3.5 to 4.5 percent. Analysts now expect earnings of $1.98 per share on revenues of $8.65 billion.

Republic also announced that its Board of Directors declared a regular quarterly dividend of $0.26 per share for stockholders of record on April 1, 2014. The dividend will be paid on April 15, 2014.