Clean Harbors, Inc. (CLH) reported a marked increase in its second-quarter profits compared to the same period last year, surpassing Wall Street forecasts.
The company's net income reached $133.28 million, or $2.46 per share, up from $115.77 million, or $2.13 per share, in the second quarter of the previous year.
According to Thomson Reuters, analysts had projected an average earnings estimate of $2.23 per share, which typically excludes special items.
Quarterly revenue saw an 11.1% rise, climbing to $1.552 billion from $1.397 billion in the prior year.
Summary of Clean Harbors, Inc. earnings (GAAP):
- Earnings (Q2): $133.28 million vs. $115.77 million last year
- EPS (Q2): $2.46 vs. $2.13 last year
- Revenue (Q2): $1.552 billion vs. $1.397 billion last year
