Clean Harbors (NYSE: CLH) reported Q4 EPS of ($0.06), $0.13 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $747.4 million versus the consensus estimate of $720.49 million.

Business Outlook and Financial Guidance

“We begin 2018 with positive momentum in our key businesses and are excited about our prospects for the year,” McKim said. “We are focused on enhancing our margins through better pricing, improving our revenue mix, increasing efficiencies and capitalizing on our growth initiatives. We expect Tech Services to deliver higher profitability due to our new incinerator’s second full year of operation and the strength of the industrial economy, particularly the expansion in the chemical space. Safety-Kleen is on track for another solid year of profitable growth. Adding Veolia’s U.S. industrial cleaning business should enable our industrial team to gain meaningful traction. The improving energy markets bode well for us in multiple areas. Overall, we anticipate a strong Adjusted EBITDA and adjusted free cash flow performance in 2018.”

Based on its 2017 financial performance, current market conditions and the Veolia transaction, Clean Harbors expects full-year 2018 Adjusted EBITDA in the range of $440 million to $480 million. On a GAAP basis, the Company’s guidance is based on anticipated 2018 net income in the range of $17 million to $56 million. A reconciliation of the Company’s Adjusted EBITDA guidance to net income guidance is included below. For 2018, Clean Harbors expects to generate adjusted free cash flow in the range of $125 million to $155 million, which is based on anticipated 2018 net cash from operating activities in the range of $290 million to $330 million.

For earnings history and earnings-related data on Clean Harbors (CLH) click here.