earnings
confidence high
sentiment positive
materiality 0.78
Clean Harbors Q2 revenue $1.55B (+11% YoY), EPS $2.46, raises FY2024 Adj. EBITDA guidance
CLEAN HARBORS INC
2024-Q2 EPS reported
$3.75
revenue$2,929,414,000
- Revenue $1.55B (+11% YoY), net income $133.3M (+15%), diluted EPS $2.46 vs $2.13.
- Adjusted EBITDA $327.8M (+14%), margin 21.1% up 50 bps; full-year guidance raised to $1.125-$1.165B.
- Environmental Services segment revenue +12%, incineration utilization 88% (up from 84%), Field Services +64% boosted by HEPACO.
- SKSS segment revenue +8% YoY, waste oil collections record 67M gallons (+5%).
- Q3 Adj. EBITDA expected to grow 20-24% YoY; full-year adjusted free cash flow $350-$390M.