Clean Harbors Inc expected to post earnings of $1.69 a share - Earnings Preview

Clean Harbors

19/02/2024 14:23

* Clean Harbors Inc  CLH.N   CLH  is expected to show a rise
in
quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Norwell Massachusetts-based  company is expected to
report a
6.3% increase in revenue to $1.359 billion from $1.28 billion a
year ago, according to the mean estimate from 12 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Clean Harbors Inc is for
earnings of $1.69 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Clean
Harbors Inc
is $182.57​, below​ its last closing price of $186.25. ​​​

The company's guidance on November 1 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD257.8806 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  2.10        2.10       1.68      Missed  -19.9
 Jun. 30 2023  2.11        2.10       2.13      Beat    1.7
 Mar. 31 2023  1.17        1.17       1.36      Beat    16.4​
 Dec. 31 2022  1.36        1.36       1.44      Beat    6
 ​​Sep.        2.11        2.11       2.43      Beat    15.3
 30 2022                                                
 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. 31 2021  0.69        0.68       0.89      Beat    30.2
 This summary was machine generated February 19 at 14:21 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)