Republic Svcs Stock Price, News & Analysis

Republic Services and the City of Louisville, Colorado, have partnered to implement the nation's first fully electric residential recycling and waste collection fleet by the end of 2024. This initiative aligns with Louisville's Sustainability Action Plan and Republic Services' goal to reduce greenhouse gas emissions by 35% by 2030. The fleet will include four McNeilus Volterra EVs, featuring advanced safety measures like 360-degree cameras, enlarged windshields, and automated braking.

Mayor Chris Leh emphasized that this transition will make neighborhoods quieter, safer, and healthier while remaining cost-competitive for taxpayers. Richard Coupland, Republic Services vice president, praised Louisville's commitment to sustainability and highlighted the partnership's contribution to combating climate change. By the end of 2024, Republic Services aims to operate over 50 EVs across the country.

Republic Services, Inc. (NYSE: RSG) announced it will release its second quarter 2024 financial results on Wednesday, July 24, 2024, after the market close.

An investor conference call is scheduled for 5 p.m. Eastern Time on the same day. The live audio webcast can be accessed via the company's Investor Relations website. Participants can also dial in at specific numbers provided and pre-register for a unique PIN.

A replay of the conference call will be available until July 31, 2024.

Republic Services is a leader in the environmental services industry, offering a range of services including recycling, solid waste management, and hazardous waste handling. The company is committed to circularity and decarbonization efforts.

Archaea Energy, a subsidiary of bp (NYSE: BP), and Republic Services (NYSE: RSG) announce the launch of their first renewable natural gas (RNG) plant under the Lightning Renewables joint venture. The new plant, located at Republic's National Serv-All Landfill in Fort Wayne, Indiana, can process up to 6,400 standard cubic feet of landfill gas per minute (scfm), sufficient to heat over 25,000 homes annually. The Fort Wayne facility is part of a targeted 40 landfill gas-to-RNG projects expected to come online in the coming years. The plant employs Archaea Modular Design (AMD), enabling faster builds through standardized modular components. This initiative supports Republic Services' goal to beneficially reuse 50% more biogas by 2030 and contributes to bp's objective of growing to over 50 million mmbtus per year of RNG by 2030.

Republic Services employees were honored by the National Waste & Recycling Association, with three employees named as 2024 Drivers and Operator of the Year. The winners were recognized for their commitment to safety and service excellence at the NWRA Awards Breakfast during the 2024 Waste Expo convention in Las Vegas. Republic Services presented the winners with new trucks and heavy equipment personalized with their names.

Republic Services, Inc. reported strong first quarter 2024 results with an 8% total revenue growth, $1.45 adjusted earnings per share, and a 110 basis points increase in net income margin. The company generated $812 million in cash flow from operations and $535 million in adjusted free cash flow. Republic was named to Barron's 2024 100 Most Sustainable Companies List.