Clean Harbors, Inc. (CLH) Tops Q3 EPS by 19c, Raises FY11 Guidance, Posts Weak FY12 Guidance
Clean Harbors, Inc. (NYSE: CLH) reported Q3 EPS of $0.70, $0.19 better than the analyst estimate of $0.51. Revenue for the quarter came in at $556.1 million versus the consensus estimate of $489.59 million.
Clean Harbors, Inc. sees FY2011 revenue of $1.92-$1.94 billion, versus prior guidance of $1.84-$1.88 billion and the consensus of $1.87 billion. For 2011, the Company now expects EBITDA in the range of $335 million to $340 million, an increase from its previous guidance of $315 million to $320 million.
The Company expects 2012 revenues in the range of $2.15 billion to $2.2 billion, versus the consensus of $2.39 billion.
Clean Harbors, Inc. sees FY2011 revenue of $1.92-$1.94 billion, versus prior guidance of $1.84-$1.88 billion and the consensus of $1.87 billion. For 2011, the Company now expects EBITDA in the range of $335 million to $340 million, an increase from its previous guidance of $315 million to $320 million.
The Company expects 2012 revenues in the range of $2.15 billion to $2.2 billion, versus the consensus of $2.39 billion.