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Clean Harbors: Q4 Earnings Snapshot

Clean Harbors: Q4 Earnings Snapshot

By AP News
Published - Feb 21, 2024, 07:49 AM ET
Last Updated - Feb 21, 2024, 07:49 AM EST

NORWELL, Mass. (AP) — NORWELL, Mass. (AP) — Clean Harbors Inc. (CLH) on Wednesday reported fourth-quarter net income of $98.3 million.

The Norwell, Massachusetts-based company said it had profit of $1.81 per share. Earnings, adjusted to extinguish debt, came to $1.82 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share.

The environmental services company posted revenue of $1.34 billion in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $1.35 billion.

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