Tag Archives: clhb

3rd Quarter Results In For Clean Harbors, Inc (CLHB)

Clean Harbors released its 3rd quarter results this morning. Compared to this quarter last year, revenue has has increased 11 percent, rising from $245.5 million in 2007 to 273.2 million today. Income from operations also increased, going from $25.9 million last year to $31.3 million, an increase of 21%. However, net income for shareholders rose to $14.6 million this year from $12.9 million last year. However, due to an .11 per share charge from … Read the rest

Two Waste Management Stocks Reviewed (ECOL and CLHB)

The Emervest blog recently reviewed the stocks of two waste management companies, American Ecology(ECOL)  and Clean Harbor (CLHB).  American Ecology treats both hazardous and low-level radioactive waste, and has been doing quite well. Last quarter, the company’s net income increased 20%. Their stock has increased by almost 50% this year, as well.

Clean Harbors is another good waste management stock that is also on the rise, having increased approximately 40% since New Year’s 2008.  The … Read the rest

Clean Harbors (CLHB) Beats Estimates

Clean Harbors (CLHB) reported better than expected earnings this morning and raised its full year 2008 revenue outlook.  After initially selling off this morning, the stock has recovered significantly and reclaimed key support levels.

The company credited the strong results to growth across all segments and higher utilization of its domestic incinerators. 

The company reported a 44% jump in income which beat estimates.  Revenue rose 11% from the year ago period which also edged estimates.   … Read the rest