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CLHBullishEarningsnews
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Clean Harbors (CLH) Stock Gains 6% Post Q1 Earnings Beat

May 8, 2024, 1:52 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Clean Harbors (CLH) reported beating earnings and revenues, with an increase in stock price. - Total revenues grew 5.3% year-over-year. - CLH's adjusted EBITDA increased by 7% from the year-ago quarter. - CLH raised guidance for adjusted EBITDA for 2024. - CLH stock has gained 56.1% over the past year, outperforming the industry and S&P 500. Price Impact Rating: Bullish Impact Horizon Rating: Long-term Type: Earnings

  • Clean Harbors (CLH) reported beating earnings and revenues, with an increase in stock price.
  • Total revenues grew 5.3% year-over-year.
  • CLH's adjusted EBITDA increased by 7% from the year-ago quarter.
  • CLH raised guidance for adjusted EBITDA for 2024.
  • CLH stock has gained 56.1% over the past year, outperforming the industry and S&P 500.

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