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

Clean Harbors

01/11/2023 13:32

* Clean Harbors Inc  CLH.N  reported quarterly adjusted
earnings
of $1.68​​ per share for the quarter ended in September, lower
than the same quarter last year, when the company reported EPS
of $2.43.  The mean expectation of eleven analysts for the
quarter was for earnings of $2.10 per share. Wall Street
expected results to range from $2.01  to $2.23 per share.
    * Revenue rose 0.2% to $1.37 billion from a year ago;
analysts
expected $1.41 billion. 
    * Clean Harbors Inc's reported EPS for the quarter was
$1.68​.
    * The company reported quarterly net income of $91.34
million.
    * Clean Harbors Inc shares had fallen by 8.2% this
quarter and
gained 34.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"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 $184.00 
This summary was machine generated from LSEG data November 1 at
01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      2.10           1.68           Missed
 Jun. 30 2023      2.10           2.13           Beat
 Mar. 31 2023      1.17           1.36           Beat
 Dec. 31 2022      1.36           1.44           Beat