Clean Harbors Reports Strong Q4 Results & Outlook
Clean Harbors, Inc. (NYSE:CLH) reported its Q4 results, with EPS of $0.89 coming in above the consensus estimate of $0.68. Revenue came in at $1.12 billion, compared to the consensus estimate of $1.02 billion.
The company experienced strong top-line growth in Q4 driven by its HPC acquisition and robust demand across most of the business. However, margins contracted as cost inflation continued to increase.
The company provided its full 2022-year guidance, which came in slightly ahead of the Street expectations, and noted that it expects oil spreads to narrow following favorable demand and supply dynamics in 2021.
| Symbol | Price | %chg |
|---|---|---|
| 029960.KQ | 9010 | -0.55 |
| MHKI.JK | 93 | -4.3 |
| 9336.T | 2876 | -0.63 |
| 060150.KQ | 5360 | 0 |
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