U.S. Ecology (ECOL) Reports In-Line Q2 EPS; Sees FY EPS at Low End of Guidance

U.S. Ecology (NASDAQ: ECOL) reported Q2 EPS of $0.41, in-line with the analyst estimate of $0.41. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $122.16 million.

GUIDANCE:

U.S. Ecology sees FY2016 EPS at low end of $1.80-$1.95, versus the consensus of $1.90.

Our Field and Industrial Services business was a bright spot in the quarter delivering solid growth and in our Environmental Services business, Base Business performed in line with expectations," commented Jeff Feeler, Chairman and Chief Executive Officer. "Our Event Business experienced headwinds from project shipment delays that will push volume into future quarters, resulting in operating results for our second quarter falling short of internal estimates."

For earnings history and earnings-related data on U.S. Ecology (ECOL) click here.

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