Republic Services Inc. said its third-quarter normalized net income amounted to 54 cents per share, compared with the S&P Capital IQ consensus estimate of 53 cents per share.
EPS increased year over year from 52 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $187.8 million, a gain from $184.6 million in the year-earlier period.
The normalized profit margin declined to 8.0% from 8.1% in the year-earlier period.
Total revenue grew year over year to $2.34 billion from $2.27 billion, and total operating expenses climbed on an annual basis to $1.95 billion from $1.89 billion.
Reported net income grew 14.9% year over year to $213.7 million, or 61 cents per share, from $186.0 million, or 52 cents per share.