Clean Harbors Q2 Adj. EPS $2.13 Beats $2.09 Estimate, Sales $1.40B Miss $1.41B Estimate
Portfolio Pulse from Benzinga Newsdesk
Clean Harbors (NYSE:CLH) reported Q2 earnings of $2.13 per share, beating the analyst consensus estimate of $2.09 by 1.91%. However, this is a 12.7% decrease from the same period last year. The company's quarterly sales of $1.40 billion missed the analyst consensus estimate of $1.41 billion by 0.92%, but it's a 3.02% increase from the same period last year.
August 04, 2023 | 11:01 am
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Clean Harbors beat Q2 EPS estimates but missed on sales. The EPS is down 12.7% YoY, while sales are up 3.02% YoY.
Clean Harbors beat the EPS estimate, which is a positive signal for investors. However, the company missed the sales estimate and reported a decrease in EPS compared to the same period last year, which could negatively impact the stock price. The increase in sales YoY might offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100