Republic Services, Inc. (RSG) earnings on May 7, 2026

After the market closes Q1 2026

More Republic Services, Inc. earnings

Prior outlook: Pessimistic Outcome: Partial

The stock jumped as much as 3.4% after earnings were released but closed down 0.8%. Even though investors had expected a bigger drop, the decline was smaller than feared.

RSG price around the earnings

200.02

Change: -0.8%

2026-05-08, 20:00 UTC

Start of the measured window End of the measured window
198.84 202.04 205.24 208.44 201.55
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)No trading (market closed)No trading (market closed)No trading (market closed)
May 7, 2026 May 7, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Partial

Thesis published

Negative momentum persists, and a cautious scenario is observed.

The stock is experiencing significant underperformance and negative price trends, even though the company has a history of meeting or exceeding earnings expectations. Analysts are maintaining neutral stances with mixed price target adjustments.

Context analyzed before publication

Summary
Negative momentum persists, the scenario is pessimistic.
Playbook
Despite a history of earnings beats, the persistent negative price action suggests a pessimistic scenario. The technical trend reversal is a key factor for the outlook.
Trend
Trajectory worsened from negative to more severe negative.

Analysts

Drivers

  • Analysts Neutral

    Analysts are holding mixed views, with some lowering and others raising their price targets for the stock.

Evidence

Analysts covering the stock
24
Average price target
245.38
Lowest price target
200
Highest price target
270
Upside to price target
22.2%
Quarterly earnings growth
6.3%
Revenue growth
2.2%
Forward EPS
8.05
Trailing EPS
6.85
Analyst moves in the last 60 days
4
  • Strong buy: 3
  • Buy: 13
  • Hold: 11
  • Sell: 0
  • Strong sell: 0
Strong buy
3
Buy
13
Hold
11
Sell
0
Strong sell
0
  • April 16, 2026 · Baird: Maintains rating (Neutral → Neutral)
  • April 10, 2026 · JP Morgan: Maintains rating (Neutral → Neutral)
  • March 18, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
  • March 13, 2026 · Wolfe Research: Initiates coverage (Peer Perform)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
29.7%
News
Sources (3)
  • Top 3 Industrials Stocks That Are Set To Fly This Quarter — Benzinga
  • Baird Maintains Neutral on Republic Services, Lowers Price Target to $240 — Benzinga
  • JP Morgan Maintains Neutral on Republic Services, Raises Price Target to $245 — Benzinga

Technicals

Drivers

  • Technical Negative

    The stock's recent price movement has been strongly negative, significantly underperforming the broader market.

Evidence

Average true range (ATR)
1.7%
Distance to 52-week high
-22.4%
14-day change (14d)
-3.7%
30-day change
-7.5%
30-day relative strength
-19.5%
Benchmark change
+12.0%
Nearest support
199.03
Nearest resistance
224.81
Volume accumulation ratio
1.33

Trends

Evidence

Average earnings surprise
+4.6%
  • February 17, 2026: actual EPS 1.76 vs estimate 1.63 (surprise +7.9%)
  • October 30, 2025: actual EPS 1.9 vs estimate 1.78 (surprise +6.5%)
  • July 29, 2025: actual EPS 1.77 vs estimate 1.76 (surprise +0.8%)
  • April 24, 2025: actual EPS 1.58 vs estimate 1.53 (surprise +3.1%)

Expected move

Drivers

  • Past earnings Positive

    The company has consistently exceeded earnings expectations for the past four quarters.

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move
2.8%
75th percentile move
3.7%
90th percentile move
5%
Up / down moves
11 / 8
Average up move
+2.2%
Average down move
-3.1%

Monitoring and close

What Republic Services, Inc. reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Partial
Consolidated
-0.8%
Max favorable move (MFE)
1.4%
Max adverse move (MAE)
3.4%