Republic Services (NYSE:RSG) Declares FY 2013 Guidance; Profit Tumbles in Q4 – RSG, WM, WCN, VE

Republic Services, Inc (NYSE:RSG) announced that net income attributable to the corporation in fiscal Q4 was $127.0 million or $0.35 a share, evaluated against $191.0 million or $0.51 a share in similar period previous year.

Adjusted net income for fiscal Q4 was $133.4 million or $0.37 a share without special items, evaluated against $195.3 million or $0.53 a share in the similar period previous year.

Phoenix, Arizona based Republic Services revenue for the most recent period hiked to $2.028 billion from $2.025 billion in previous year.

Thomson Reuters analysts survey on average forecasted to earn $0.43 a share on revenue of $2.00 billion for Q4.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Waste Management, Inc. (NYSE:WM) fell -0.68% to settle at $36.30, Waste Connections, Inc. (NYSE:WCN) moved down +8.93% to end at $35.74 while Veolia Environnement Ve SA (ADR) (NYSE:VE) jumped +0.46% to finish at $12.98 on Friday.

Republic Services, Inc. (NYSE:RSG) on Feb 08, 2013 decreased -2.26% to the closing price of $31.12. The overall volume in the last trading session was 7.22 million shares. Its fifty two weeks range was $25.15 – $32.40. The total market capitalization remained at $11.24 billion.

RSG is ahead of its 52-week low with 26.23% and lagging behind from its 52-week high price with -3.95%. RSG’s last month’s stock price volatility remained 1.36%. In its share capital RSG has 364.70 million outstanding shares, among them 364.17 million shares have been floated in market exchange. RSG’s stock’s institutional ownership remained 95.46% while insider ownership included 24.67%.

The stock price of RSG is moving forward from its 20 days moving average with 0.25% and remote positively from 50 days moving average with 4.25%. RSG’s current year’s earnings per share experienced an a downfall of -0.42% while its current quarter performance remained at 16.60%. Company’s beta coefficient included 0.83. Beta factors measure the amount of market risk associated with market trade.

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