Clean Harbors Stock Price Increases 10% Despite Q3 Earnings Miss
Clean Harbors, Inc. CLH reported mixed third-quarter 2024 results, wherein earnings missed the Zacks Consensus Estimate while revenues beat the same.
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Despite the earnings miss, the stock has gained 10.4% since the earnings release on Oct. 30, 2024.
CLH’s earnings of $2.1 per share lagged the Zacks Consensus Estimate by 1.4% but increased 26.2% from the year-ago quarter’s actual. Total revenues of $1.5 billion surpassed the consensus estimate by 1.3% and increased 12% on a year-over-year basis.
The stock has gained 23.6% over the past six months, outperforming the 10.8% rise of the industry it belongs to and 15% growth of the Zacks S&P 500 composite.
