Clean Harbors Announces First-Quarter 2020 Financial Results
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Clean Harbors (CLH) Tops Q1 EPS by 20c, Revs Beat; Withdraws Guidance
April 29, 2020 7:32 AM EDTClean Harbors (NYSE: CLH) reported Q1 EPS of $0.28, $0.20 better than the analyst estimate of $0.08. Revenue for the quarter came in at $858.6 million versus the consensus estimate of $793.66 million.
We delivered record Adjusted EBITDA in Q1 with strong growth in both operating segments, said Alan S. McKim, Chairman, President and Chief Executive Officer. We drove substantial volumes of high-value waste streams into our disposal and recycling network, benefitting from consistent base business, multiple projects and favorable weather. These factors contributed to a 21% increase in Adjusted... More
