Republic Services reports Q1 EPS $1.58, consensus $1.53

Reports Q1 revenue $4.01B, consensus $4.05B. “We are off to a solid start to the year, and our business continues to perform well even with increased volatility in the broader economy,” said Jon Vander Ark, president and chief executive officer. “While topline results were impacted by sluggish cyclical volumes and challenging winter weather, we generated high single-digit growth in EBITDA and 140 basis points of adjusted EBITDA margin expansion by pricing ahead of cost inflation and effective cost management. Our ability to produce these results reflects the resiliency of our business model, and the financial benefits we are delivering by investing in our differentiating capabilities.”