Clean Harbors (CLH) Q2 Earnings Beat Estimates

Group 1: Earnings Performance - Clean Harbors reported quarterly earnings of $2.36 per share, exceeding the Zacks Consensus Estimate of $2.33 per share, but down from $2.46 per share a year ago, representing an earnings surprise of +1.29% [1] - The company posted revenues of $1.55 billion for the quarter ended June 2025, missing the Zacks Consensus Estimate by 2.04%, with year-ago revenues also at $1.55 billion [2] - Over the last four quarters, Clean Harbors has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - Clean Harbors shares have increased by approximately 3.5% since the beginning of the year, compared to the S&P 500's gain of 8.3% [3] - The company's earnings outlook will be crucial for future stock movements, with current consensus EPS estimates at $2.31 for the coming quarter and $7.44 for the current fiscal year [4][7] - The estimate revisions trend for Clean Harbors was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Group 3: Industry Context - The Waste Removal Services industry, to which Clean Harbors belongs, is currently ranked in the bottom 31% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor decisions [5]