Clean Harbors(CLH)
Search documents
Clean Harbors: Continued Reinvestment Runway To Redeploy Freely Available Cash
Seeking Alpha· 2024-09-10 10:25
I I F ■ F Matteo Colombo Investment update Following my last publication on Clean Harbors, Inc. (NYSE:CLH) the stock is +36% to the upside and there's been several notable developments to the investment debate. Winding back to the original thesis, I was attracted to CLH for several reasons, namely: Top-down strategic allocation indicative of allocation to industrials given the attractive risk/reward fundamentals of the sector (it was poised to deliver ~16% of the coming 12 months' S&P 500 earnings growth, b ...
Here's Why Clean Harbors (CLH) is a Strong Growth Stock
ZACKS· 2024-09-09 14:50
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores ...
Why Is Clean Harbors (CLH) Down 0.1% Since Last Earnings Report?
ZACKS· 2024-08-30 16:37
It has been about a month since the last earnings report for Clean Harbors (CLH) . Shares have lost about 0.1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Clean Harbors due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Clean Harbors' Q2 Earnings Beat Estimates ...
Why Clean Harbors (CLH) is a Top Growth Stock for the Long-Term
ZACKS· 2024-08-23 14:45
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? Developed alongs ...
Clean Harbors (CLH) Stock Declines 4% Despite Q2 Earnings Beat
ZACKS· 2024-08-07 16:55
Clean Harbors, Inc. (CLH) reported impressive second-quarter 2024 results, wherein earnings and revenues surpassed the Zacks Consensus Estimate. The stock has lost 3.7% since the earnings release on Jul 31 despite better-than-expected earnings. CLH's earnings of $2.5 per share beat the Zacks Consensus Estimate by 11.3% and increased 15.5% from the year-ago quarter. Total revenues of $1.6 billion surpassed the consensus estimate by 1% and increased 11.1% on a year-over-year basis. The stock has gained 34.7% ...
Clean Harbors(CLH) - 2024 Q2 - Earnings Call Transcript
2024-07-31 16:10
Clean Harbors, Inc. (NYSE:CLH) Q2 2024 Earnings Call July 31, 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 - Executive Vice President and Chief Financial Officer Jim Buckley - Senior Vice President, Investor Relations Conference Call Participants Tyler Brown - Raymond James Adam Bubes - Goldman Sachs David Manthey - Baird James Ricchiuti - Needham & Company Tobey Sommer - Truist Secu ...
Clean Harbors(CLH) - 2024 Q2 - Earnings Call Presentation
2024-07-31 16:08
Second-Quarter 2024 Investor Review July 31, 2024 1 Forward Looking Statements and GAAP Disclaimer These slides contain (and the accompanying oral discussion will contain) forward-looking statements, which are generally identifiable by use of the words "believes," "expects," "intends," "anticipates," "plans to," "seeks," "should," "estimates," "projects," "may," "likely," "potential" or similar expressions. Such statements may include, but are not limited to, statements about future financial and operating ...
Clean Harbors(CLH) - 2024 Q2 - Quarterly Report
2024-07-31 14:11
Adjusted Free Cash Flow flow is a metric on which a portion of management incentive compensation is based. We believe that adjusted free cash flow should be viewed only as a supplement to the GAAP financial information. We define adjusted free cash flow as net cash from operating activities excluding cash impacts of items derived from non-operating activities, less additions to property, plant and equipment plus proceeds from sales or disposals of fixed assets. Adjusted free cash flow should not be consider ...
Clean Harbors (CLH) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-31 13:46
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. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on t ...
Clean Harbors(CLH) - 2024 Q2 - Quarterly Results
2024-07-31 11:55
EXHIBIT 99.1 Press Release • Posts 11% Q2 Revenue Increase to $1.55 Billion, Led by Environmental Services • Generates 15% Q2 Net Income Growth to $133.3 Million, or EPS of $2.46 • Achieves 14% Growth in Q2 Adjusted EBITDA to $327.8 Million with Margin of 21.1% • Raises Full-Year 2024 Adjusted EBITDA Guidance "The positive trends that have contributed to the growth of our business in recent years continued in the second quarter, fueling an excellent performance that exceeded our expectations," said Mike Bat ...