Clean Harbors (CLH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CLH's acquisition strategy enhances its service portfolio and geographical reach. Solid cash reserves contribute to its strong liquidity.
Clean Harbors (CLH) reported earnings 30 days ago. What's next for the stock?
Clean Harbors has a history of steady share price increases, thanks to steady growth of its fundamentals. The waste management company has several initiatives that should ensure the revenue, EBITDA, and net income keep growing. I expect to share price to rise by 10% in the next year, and rate it a Buy.
CLH's top line benefits from the rise in ES and SKSS segments' revenues in the third quarter of 2024.
Clean Harbors (NYSE:CLH ) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Michael McDonald - General Counsel Eric Gerstenberg - Co-Chief Executive Officer Mike Battles - Co-Chief Executive Officer Eric Dugas - EVP and Chief Financial Officer Jim Buckley - SVP of Investor Relations Conference Call Participants Tyler Brown - Raymond James Noah Kaye - Oppenheimer David Manthey - Baird Adam Bubes - Goldman Sachs Larry Solow - CJS Securities Jim Ricchiuti - Needham Brian Butler - Stifel Timna Tanners - Wolfe Research Tobey Sommer - Truist Operator Greetings, and welcome to the Clean Harbors Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
The headline numbers for Clean Harbors (CLH) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Clean Harbors (CLH) came out with quarterly earnings of $2.12 per share, missing the Zacks Consensus Estimate of $2.15 per share. This compares to earnings of $1.68 per share a year ago.
Clean Harbors (CLH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CLH shares benefit from solid segmental performances and a strong liquidity position.
Clean Harbors, Inc. management's focus on reinvestment, producing high free cash flow, and strategic acquisitions is a plus. Q2 FY'24 earnings showed strong growth, with environmental services and Safety-Kleen divisions driving revenue increases. Valuation multiples have risen due to high marginal returns on reinvested capital.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.