Clean Harbors: 2Q Earnings Snapshot
NORWELL, Mass. (AP) _ Clean Harbors Inc. (CLH) on Wednesday reported second-quarter profit of $29 million.
On a per-share basis, the Norwell, Massachusetts-based company said it had profit of 52 cents.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.
The environmental services company posted revenue of $710 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $671.3 million.
Clean Harbors shares have fallen 30% since the beginning of the year. The stock has declined 18% in the last 12 months.