Clean Harbors (CLH) reported earnings 30 days ago. What's next for the stock?
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Clean Harbors' (CLH) top line benefits from a strong segmental performance in the second quarter of 2024.
While the top- and bottom-line numbers for Clean Harbors (CLH) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Clean Harbors (CLH) came out with quarterly earnings of $2.46 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $2.13 per share a year ago.
The blue economy is on the rise, which makes investing in ocean tech stocks more appealing over time. Ocean tech stocks are companies creating products and solutions tied to the oceans regarding energy, water treatment and marine discovery.
The rising importance of ESG goals, technological advancements and innovations in the WTE technology is likely to assist the Zacks Waste Removal Services industry to prosper. RSG, CLH and SRCL are likely to be the frontrunners in the industry.
The HEPACO acquisition earlier this year aligns with Clean Harbors' (CLH) Vision 2027 long-term strategic plan.
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Here is how Clean Harbors (CLH) and HNI (HNI) have performed compared to their sector so far this year.
Clean Harbors (CLH) reported earnings 30 days ago. What's next for the stock?