Clean Harbors, Inc. Reports Fall In Q1 Profit, But Beats Estimates

Clean Harbors, Inc. (CLH) revealed earnings for first quarter that decreased from last year but beat the Street estimates.

The company's earnings totaled $58.68 million, or $1.09 per share. This compares with $69.83 million, or $1.29 per share, last year.

Analysts on average had expected the company to earn $1.05 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 4.0% to $1.431 billion from $1.376 billion last year.

Clean Harbors, Inc. earnings at a glance (GAAP) :

-Earnings: $58.68 Mln. vs. $69.83 Mln. last year.
-EPS: $1.09 vs. $1.29 last year.
-Revenue: $1.431 Bln vs. $1.376 Bln last year.

by RTTNews Staff Writer

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