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Despite beating earnings estimates, a sales miss and subsequent share price drop indicate weakness. Past trends show similar patterns can pressure short-term growth further.
What happened, with direct paths to the underlying reporting
RSG reported Q2 earnings of $1.77, beating estimates. Sales missed consensus at $4.235 billion versus $4.262 billion. RSG shares fell 5.3% post-earnings to $233.26. Analysts raised price targets, with BMO maintaining Outperform rating. RSG achieved double-digit EBITDA growth amid price inflation management.
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StockNews.AI groups source reporting, classifies the event, and measures subsequent price movement. This is informational research, not investment advice. Prices may be delayed or unavailable.