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

Clean Harbors

01/05/2024 14:32

* Clean Harbors Inc  CLH.N  reported quarterly adjusted
earnings
of $1.29​​ per share for the quarter ended in March, lower than
the same quarter last year, when the company reported EPS of
$1.36.  The mean expectation of eleven analysts for the quarter
was for earnings of $1.16 per share. Wall Street expected
results to range from $1.05  to $1.27 per share.
    * Revenue rose 5.3% to $1.38 billion from a year ago;
analysts
expected $1.34 billion. 
    * Clean Harbors Inc's reported EPS for the quarter was
$1.29​.
    * The company reported quarterly net income of $69.83
million.
    * Clean Harbors Inc shares had fallen by 5.9% this
quarter and
gained 8.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 15.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

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 $215.50 
This summary was machine generated from LSEG data May 1 at 01:32
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
 Mar. 31 2024      1.16           1.29           Beat
 Dec. 31 2023      1.69           1.82           Beat
 Sep. 30 2023      2.10           1.68           Missed
 Jun. 30 2023      2.10           2.13           Beat