earnings
confidence high
sentiment positive
materiality 0.90
Clean Harbors reports record Q2: Rev $1.36B, adj EPS $2.44, raises FY guidance
CLEAN HARBORS INC
2022-Q2 EPS reported
$3.54
revenue$2,525,421,000
- Q2 revenue $1.36B (+46% YoY); GAAP EPS $2.71; adjusted EPS $2.44.
- Adjusted EBITDA $309.1M (+65% YoY); margin 22.8% vs 20.3% a year ago.
- Raised FY2022 Adj EBITDA guidance to $975M-$1.005B (midpoint $990M) from prior.
- Environmental Services rev +46%, SKSS rev +31%; incinerator utilization 90%, pricing +18%.
- Acquired a re-refinery in Georgia to expand SKSS capacity and reduce transportation costs.