Clean Harbors Inc reports results for the quarter ended in December - Earnings Summary

Clean Harbors

21/02/2024 15:03

* Clean Harbors Inc  CLH.N  reported quarterly adjusted
earnings
of $1.82​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of $1.44.  The mean expectation of twelve analysts for the
quarter was for earnings of $1.69 per share. Wall Street
expected results to range from $1.61  to $1.74 per share.
    * Revenue rose 4.7% to $1.34 billion from a year ago;
analysts
expected $1.36 billion. 
    * Clean Harbors Inc's reported EPS for the quarter was
$1.81​.
    * The company reported quarterly net income of $98.35
million.
    * Clean Harbors Inc shares had risen by 7.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the environmental
services & equipment peer group is also "buy"

Wall Street's median 12-month price target for Clean Harbors Inc
is $182.57 
This summary was machine generated from LSEG data February 21 at
03:02 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      1.69           1.82           Beat
 Sep. 30 2023      2.10           1.68           Missed
 Jun. 30 2023      2.10           2.13           Beat
 Mar. 31 2023      1.17           1.36           Beat