secwatch.observer — SEC 8-K summary
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Issuer:     CLEAN HARBORS INC (CLH)
CIK:        0000822818
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000822818-24-000043
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clean Harbors Q3 revenue up 12% to $1.53B, net income +26%; revises FY2024 guidance
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- Net income $115.2M ($2.12 EPS) vs $91.3M ($1.68) a year ago; Adjusted EBITDA $301.8M (+18%).
- Environmental Services revenue +13% led by Field Services (+68%); incineration utilization 89%.
- Safety-Kleen Sustainability Solutions revenue +6% but results below expectations due to base oil oversupply and pricing pressure.
- FY2024 Adjusted EBITDA guidance revised to $1.10-1.12B (midpoint $1.11B, +10% YoY).
- Commercial launch of Kimball, NE incinerator planned for November 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822818/000082281824000043/0000822818-24-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822818/000082281824000043/clh-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000822818-24-000043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer