Clean Harbors Inc expected to post earnings of $1.17 a share - Earnings Preview

Clean Harbors

01/05/2023 19:33

* Clean Harbors Inc  CLH.N   CLH  is expected to show a rise
in
quarterly revenue when it reports  results on May 3. 
    * The Norwell Massachusetts-based  company is expected to
report 
a 7.3% increase in revenue to $1.255 billion from $1.17 billion
a year ago, according to the mean estimate from 10 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Clean Harbors Inc
is for
earnings of $1.17 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 2.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Clean
Harbors Inc
is $157.5​, above​ its last closing price of $145.16. ​​​

The company's guidance on March 1 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of of USD216.31 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  1.36        1.36       1.44      Beat    6
 Sep. 30 2022  2.11        2.11       2.43      Beat    15.3
 Jun. 30 2022  1.49        1.48       2.44      Beat    65.1​
 Mar. 31 2022  0.70        0.72       0.83      Beat    14.6
 ​​Dec.        0.69        0.68       0.89      Beat    30.2
 31 2021                                                
 Sep. 30 2021  1.01        1.00       1.14      Beat    14.4​
 Jun. 30 2021  0.82        0.81       1.19      Beat    46.8
 Mar. 31 2021  0.26        0.25       0.42      Beat    66.7
 This summary was machine generated May 1 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated