Clean Harbors Q1 2024 Adj EPS $1.29 Beats $1.16 Estimate, Sales $1.380B Beat $1.337B Estimate
Portfolio Pulse from Benzinga Newsdesk
Clean Harbors reported Q1 2024 adjusted EPS of $1.29, surpassing the $1.16 estimate, with sales of $1.380B exceeding the $1.337B forecast. This represents a 5.59% increase in sales compared to the same period last year.
May 01, 2024 | 11:31 am
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POSITIVE IMPACT
Clean Harbors exceeded Q1 2024 earnings and sales estimates, with a notable year-over-year sales growth.
Beating both earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The reported year-over-year sales growth further strengthens the company's financial position and market confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100