The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Clean Harbors's revenues will shrink -2.0% and EPS will wither -22.9%.
The average estimate for revenue is $544.9 million. On the bottom line, the average EPS estimate is $0.54.
Last quarter, Clean Harbors reported revenue of $523.1 million. GAAP reported sales were 17% higher than the prior-year quarter's $447.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.44. GAAP EPS of $0.44 for Q2 were 20% lower than the prior-year quarter's $0.55 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 29.7%, 150 basis points worse than the prior-year quarter. Operating margin was 9.1%, 250 basis points worse than the prior-year quarter. Net margin was 4.5%, 200 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.21 billion. The average EPS estimate is $2.23.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 307 members out of 327 rating the stock outperform, and 20 members rating it underperform. Among 77 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 72 give Clean Harbors a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Clean Harbors is outperform, with an average price target of $71.43.
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