Clean Harbors (CLH) Earnings: Q2 Revenue Surges 11%, Beats Estimates at $1.55 Billion

Clean Harbors on Smartkarma

Analyst coverage of Clean Harbors on Smartkarma reveals positive sentiments and insights from Baptista Research. In their report titled “Clean Harbors Inc.: Enhancing Environmental Services Through Expanded Solutions & PFAS Regulation Response! – Major Drivers,” Baptista Research highlights a solid start to 2024 for Clean Harbors. The company’s Environmental Services division showed robust performance with a 10% revenue increase driven by organic growth and strategic mergers. Particularly, the technical services segment saw an 11% spike, indicating strength in operational volumes. Despite challenges in pricing environments affecting certain segments, Clean Harbors is positioned well for success with key drivers driving growth.

Baptista Research‘s analysis underscores the company’s ability to navigate challenges and capitalize on growth opportunities, positioning Clean Harbors favorably within the environmental services industry. The report provides valuable insights for investors looking to understand Clean Harbors‘ financial health and strategic direction. With a focus on expanded solutions and effective responses to regulatory changes like PFAS regulations, Clean Harbors is poised for continued success in the market. The research offers a comprehensive view of Clean Harbors‘ performance and prospects, serving as a valuable resource for investors seeking to make informed decisions in the ever-evolving market landscape.

A look at Clean Harbors Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Clean Harbors has shown promising long-term potential with strong scores in Growth and Momentum. The company scored a 4 in Growth, indicating a positive outlook for expansion and development. Additionally, with a Momentum score of 4, Clean Harbors is demonstrating strong market performance and investor interest. However, the company scored lower in Value and Resilience with scores of 2, suggesting some room for improvement in terms of valuation and ability to withstand market challenges. The Dividend score of 1 indicates a relatively weaker performance in terms of dividend payouts.

Clean Harbors, Inc. provides a range of environmental remediation and waste management services in the U.S. and Puerto Rico. Their services include dealing with hazardous and non-hazardous waste, surface and groundwater remediation, waste packaging, analytical testing, and consulting. With a solid Growth and Momentum outlook, Clean Harbors is positioned for potential future growth and market performance, albeit with areas to strengthen in terms of Value and Resilience.

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