U.S. Ecology (ECOL) Misses Q3 EPS by 14c, Trims FY EPS Guidance

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Go back to U.S. Ecology (ECOL) Misses Q3 EPS by 14c, Trims FY EPS Guidance

US Ecology Announces Third Quarter 2015 Results

October 29, 2015 4:30 PM EDT

BOISE, ID -- (Marketwired) -- 10/29/15 -- US Ecology, Inc. (NASDAQ: ECOL) ("the Company") today reported financial results for the third quarter and nine months ended September 30, 2015.

Operating income for the third quarter of 2015 was $22.4 million compared to $26.8 million in the third quarter of 2014. The Allstate Power Vac business ("Allstate"), which is expected to be divested in the fourth quarter of 2015, contributed $1.7 million and $475,000 of operating income for the third quarters of 2015 and 2014, respectively. Adjusted EBITDA for the third quarter of 2015 was $33.8 million, down 17% from $40.4 million in the same period last year. The Allstate... More