Analyst Note
| Brian Bernard, CFA, CPA |Wide-moat Republic Services closed out its fiscal 2020 campaign on a high note, with strong fourth-quarter results and an upbeat 2021 outlook. Fourth-quarter revenue of approximately $2.6 billion was roughly flat year over year and about in line with the FactSet consensus estimate, but adjusted EPS of $1.00 was 14% higher than the year-ago quarter and beat consensus by $0.19.