Shares of environmental and industrial services provider Clean Harbors, Inc. (CLH) are falling more than 8% Wednesday morning despite upbeat quarterly results.
Net income was $72.4 million, or $1.33 per share, higher than $45.3 million, or $0.83 per share, for the same period last year.
Excluding one-time items, the company posted earnings of $74.1 million, or $1.36 per share, beating the consensus estimate of analysts polled by Thomson-Reuters of $1.17 per share.
Revenues increased 12% to $1.307 billion from $1.169 billion in the same period of 2022. Analysts were expecting revenue of $1.25 billion.
CLH is at $134.35 currently. It has traded in the range of $81.56-$147.76 in the last 1 year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.