July 24 (Reuters) - Garbage management firm Republic

Services ( RSG ) forecast full-year profit above Wall Street

estimates on Wednesday, banking on high prices amid sustained

demand for waste collection and disposal.

The Arizona-based company said it expects adjusted earnings

to be in the range of $6.15 to $6.20 per share, compared to

analysts' average profit estimates of $6.06 apiece.

It expects 2024 revenue to be in the range of $16.08 billion

to $16.13 billion, slightly lower than a previous forecast of

$16.10 billion to $16.20 billion.

Republic Services ( RSG ) and Waste Management are the two

leading companies in the U.S. waste services industry and, along

with municipal waste departments, they dominate the residential

garbage collection across the country.

"Pricing in excess of cost inflation ... underpinned strong

results across the business," said CEO Jon Vander Ark.

Republic Services ( RSG ) reported quarterly profit of $1.61 per

share, with a revenue of $4.05 billion, beating analysts'

expectation of $1.53 per share on a $4.04 billion revenue,

according to LSEG data.