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

Heritage-Crystal Clean

10/05/2023 19:19

* Heritage-Crystal Clean Inc  HCCI.OQ  reported quarterly
adjusted
earnings of 70 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 60 cents per share.
    * Revenue rose 33.3% to $185.79 million from a year ago;
analysts
expected $189.55 million. 
    * Heritage-Crystal Clean Inc's reported EPS for the quarter
was 70
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.4%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Heritage-Crystal Clean Inc shares had fallen by 5.2% this
quarter and gained 3.9% so far this year.
    * The company reported quarterly net income of $16.59
million.
    * Wall Street's median 12-month price target for
Heritage-Crystal
Clean Inc is $42.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 06:19 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.60           0.70           Beat
 Dec. 31 2022      0.74           0.79           Beat
 Sep. 30 2022      0.80           1.01           Beat
 Jun. 30 2022      0.51           0.97           Beat