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Clean Harbors beats second-quarter estimates, raises 2026 guidance and secures a $600 million disposal contract, yet shares fall after the report.
Clean Harbors (CLH) is well positioned to outperform the market, as it exhibits above-average growth in financials.
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Clean Harbors NYSE: CLH reported second-quarter 2026 results that exceeded its prior expectations, supported by growth in its Environmental Services segment and strong market conditions in its Safety-Kleen Sustainability Solutions, or SKSS, business.
Clean Harbors (CLH) came out with quarterly earnings of $3.22 per share, beating the Zacks Consensus Estimate of $2.74 per share. This compares to earnings of $2.36 per share a year ago.
The headline numbers for Clean Harbors (CLH) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Clean Harbors dominates hazardous waste handling in the US, leveraging a strong economic moat with limited competitive threats. CLH's business is stable and essential, with slow, steady growth driven by recurring industrial and environmental service needs. Institutional investors hold 95% of CLH, valuing its diversification and hedging benefits; retail participation is minimal due to modest growth prospects.
Investors in Clean Harbors, Inc. CLH need to pay close attention to the stock based on moves in the options market lately. That is because the Aug. 21, 2026 $330 Call had some of the highest implied volatility of all equity options today.
Clean Harbors (CLH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Clean Harbors (CLH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here is how Clean Harbors (CLH) and Dave Inc. (DAVE) have performed compared to their sector so far this year.