Clean Harbors (CLH) Tops Q3 EPS by $1.12

Clean Harbors (NYSE: CLH) reported Q3 EPS of $2.43, $1.12 better than the analyst estimate of $1.31. Revenue for the quarter came in at $1.36 billion versus the consensus estimate of $1.21 billion.

Based on its year-to-date performance and current market conditions, Clean Harbors is revising its 2022 Adjusted EBITDA and adjusted free cash flow guidance. For the year, the Company now expects:

Adjusted EBITDA in the range of $1.010 billion to $1.030 billion, or a midpoint of $1.020 billion. This range is based on anticipated GAAP net income in the range of $387 million to $410 million; and
Adjusted free cash flow in the range of $260 million to $290 million, or a midpoint of $275 million. This range is based on anticipated net cash from operating activities in the range of $585 million to $635 million.

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

You May Also Be Interested In

• Waste stocks ride AI and healthcare boom as CLH surges 27%
• Pembina joins proposed 1M bbl/day Alberta-to-coast pipeline plan
• Berenberg Starts Brooks Macdonald Group PLC (BRK:LN) at Buy