Republic Services Inc

RSG: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$414.00	Qjbdx	Jtvszygs

Republic Services Earnings: Pricing Power Continues To Drive Strong Results

Brian Bernard ,

Aug 1, 2023

Wide-moat-rated Republic Services reported strong second-quarter results that exceeded our expectations for revenue growth and adjusted EBITDA margin. We've increased our fair value estimate by approximately 6% to $127 per share, primarily due to our more optimistic profit margin outlook and the time value of money.

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