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NORWELL, Mass.--(BUSINESS WIRE)--Clean Harbors, Inc. (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, will host its third-quarter 2024 financial results conference call on Wednesday, October 30, 2024, at 9:00 a.m. ET. On the call, Co-Chief Executive Officers Michael L. Battles and Eric W. Gerstenberg, Chief Financial Officer Eric J. Dugas, and Senior Vice President of Investor Relations Jim Buckley will discuss Clean Harbors' financial results.
The Zacks Waste Removal Services industry is expected to benefit from the rising need for ESG Goals, technological developments and innovation in WTE technology. RSG, CLH and ARIS are well-poised to capitalize on the growing demands.
Dublin, Sept. 23, 2024 (GLOBE NEWSWIRE) -- The "Solvent Recovery & Recycling - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Solvent Recovery & Recycling was estimated at US$1.1 Billion in 2023, and is projected to reach US$1.3 Billion by 2030, growing at a CAGR of 3.3% from 2023 to 2030. The growth in the solvent recovery and recycling market is driven by several factors. Firstly, the increased adoption of circular economy principles is pushing industries towards more sustainable and resource-efficient practices. This shift is particularly evident in regions with stringent environmental regulations, such as Europe and North America. Secondly, advancements in recovery technologies, including the development of automated and highly efficient systems, are making solvent recycling more feasible and attractive to a wider range of industries.
Clean Harbors, Inc. management's focus on reinvestment, producing high free cash flow, and strategic acquisitions is a plus. Q2 FY'24 earnings showed strong growth, with environmental services and Safety-Kleen divisions driving revenue increases. Valuation multiples have risen due to high marginal returns on reinvested capital.
Clean Harbors (CLH) reported earnings 30 days ago. What's next for the stock?
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Clean Harbors' (CLH) top line benefits from a strong segmental performance in the second quarter of 2024.
While the top- and bottom-line numbers for Clean Harbors (CLH) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Clean Harbors (CLH) came out with quarterly earnings of $2.46 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $2.13 per share a year ago.
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