earnings
confidence high
sentiment positive
materiality 0.85
Clean Harbors Q2 adj EBITDA $187.8M (+36%); raises FY21 outlook; plans $1.25B buy
CLEAN HARBORS INC
2021-Q2 EPS reported
$1.62
revenue$1,734,606,000
- Q2 revenue $926.5M (+30% YoY); net income $67.1M ($1.22 EPS); adj EPS $1.19.
- Adj EBITDA $187.8M (+36% YoY), margin 20.3%; adj free cash flow $114.6M.
- Raises FY21 adj EBITDA guidance to $620-650M; adj FCF guidance to $285-315M.
- Plans $1.25B HydroChemPSC acquisition and $140M Vertex Energy asset acquisition; close expected Q3 2021.
- New $180M incinerator at Kimball, NE to double capacity; operational late 2024/early 2025.