Republic Services (RSG) Earnings Analysis

Republic Services (RSG) delivered mixed results in Q2 FY2026 on revenue of $4.4B versus the $4.4B estimate (+4.6% YoY) and EPS of $1.85. The next Republic Services (RSG) earnings date is Oct 29, 2026. Below is the full Republic Services earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

Republic Services (RSG) Earnings Analysis — key stats

Next earnings dateOct 29, 2026
Latest reported quarterQ2 FY2026
Earnings verdictMixed
EPS beat rate7 of last 8 (quarters above estimate)
Avg next-day move±2.1% (over the last 8 reports)
Post-earnings directionUp 4 / Down 4 (of the last 8 reports)
Implied move (next report)±8.6% (options-derived · into Oct 29, 2026)
Institutional ownership75.4% (13F as of 2026-06-30)
Top 10 holders24.5% (of shares outstanding)
Insider activity12 buys / 0 sells (recent Form 4 filings)
Revenue$4.4B (vs $4.4B est · +1.5% surprise · +4.6% YoY)
EPS$1.85 (vs $1.81 est · +2.2% surprise · +4.5% YoY)
Share price$223.08 (+1.1%)
Market cap$68.6B

Republic Services (RSG) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q3 FY2026$4.4B vs $4.4B est$1.85 vs $1.81 est+2.2%+3.6%Mixed
Q2 FY2026$4.1B vs $4.1B est$1.70 vs $1.64 est+3.7%+0.2%Mixed
Q1 FY2026$4.1B vs $4.2B est$1.76 vs $1.62 est+8.6%-2.8%Mixed
Q4 FY2025$4.2B vs $4.2B est$1.90 vs $1.83 est+3.8%-1.1%Mixed
Q3 FY2025$4.2B vs $4.3B est$1.77 vs $1.77 est+0.0%-4.0%In line
Q2 FY2025$4.0B vs $4.0B est$1.58 vs $1.53 est+3.3%+1.0%Mixed
Q1 FY2025$4.0B vs $4.1B est$1.58 vs $1.40 est+12.9%+3.5%Mixed
Q4 FY2024$4.1B vs $4.1B est$1.81 vs $1.61 est+12.4%-0.8%Mixed

Top institutional holders

Holder% outstandingSharesValueQoQ change
Blackrock, INC.5.8%17.8M$3.8B+5.6%
Vanguard Capital Management LLC4.2%13.1M$2.8B+0.0%
State Street Corp3.2%10.0M$2.1B+1.6%
Vanguard Portfolio Management LLC2.3%7.1M$1.5B+68.2%
Price T Rowe Associates INC /Md/2.1%6.5M$1.4B+3.0%
Morgan Stanley1.6%4.9M$1.0B-2.6%
Geode Capital Management, LLC1.6%4.9M$1.0B+0.2%
Fmr LLC1.5%4.5M$968.3M-2.3%
Jpmorgan Chase & CO1.2%3.7M$787.7M+4.1%
Bank Of America Corp /De/1.0%3.2M$682.6M+70.8%

Recent insider transactions

InsiderRoleDateTypeSharesValue
CASCADE INVESTMENT, L.L.C.10 percent owner2026-08-21Buy931$205667
CASCADE INVESTMENT, L.L.C.10 percent owner2026-08-21Buy181K$40.0M
CASCADE INVESTMENT, L.L.C.10 percent owner2026-08-21Buy9K$2.0M
CASCADE INVESTMENT, L.L.C.10 percent owner2026-08-20Buy4K$820568
CASCADE INVESTMENT, L.L.C.10 percent owner2026-08-20Buy78K$17.2M
CASCADE INVESTMENT, L.L.C.10 percent owner2026-08-20Buy127K$28.0M
CASCADE INVESTMENT, L.L.C.10 percent owner2026-08-19Buy3K$622509
CASCADE INVESTMENT, L.L.C.10 percent owner2026-08-19Buy69K$15.3M

What you'll find

Frequently asked questions

When is Republic Services's next earnings date?
Republic Services's (RSG) next scheduled earnings date is Oct 29, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Republic Services (RSG) beat or miss earnings?
In Q2 FY2026, Republic Services (RSG) posted mixed results — revenue of $4.4B versus the $4.4B estimate (+1.5% surprise) and EPS of $1.85 versus $1.81 expected (+2.2% surprise). Magnisto decodes every Republic Services (RSG) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Republic Services beat earnings estimates?
Over its last 8 reported quarters, Republic Services (RSG) beat Wall Street EPS estimates 7 times, most recently a mixed result in Q3 FY2026. Magnisto tracks every Republic Services (RSG) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Republic Services stock move after earnings?
Over its last 8 quarterly reports, Republic Services (RSG) moved an average of ±2.1% the day after earnings — ranging from -4.0% (Q3 FY2025) to +3.6% (Q3 FY2026). The stock rose after 4 of those 8 reports and fell after 4. Heading into its next report on Oct 29, 2026, options-implied volatility is pricing in a move of roughly ±8.6% (derived). Magnisto tracks the realized post-earnings move for every Republic Services (RSG) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Republic Services?
Institutions hold about 75.4% of Republic Services's (RSG) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (5.8%), Vanguard Capital Management LLC (4.2%), State Street Corp (3.2%). Magnisto lists Republic Services's (RSG) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Republic Services (RSG)?
In the most recent Form 4 filings Magnisto tracks, Republic Services (RSG) insiders recorded 12 purchases and 0 sales — net buying. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Republic Services (RSG) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Republic Services (RSG), anchored to the current $223.08 share price, so you can weigh the bull, base and bear cases for Republic Services side by side.
Is Republic Services (RSG) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Republic Services fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.