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Stock impact report

Clean Harbors exec says Safety-Kleen business ‘has turned a corner' [Yahoo! Finance]

Clean Harbors, Inc. (CLH) 
Last clean harbors, inc. earnings: 4/29 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.cleanharbors.com/investor-overview
Company Research Source: Yahoo! Finance
By the numbers Q1 revenue : $1.43B Up 4% year over year Q1 net income: $58.7M Down 15.9% year over year Q1 adjusted EBITDA: $234.9M Up 2.1% year over year Financial picture: Clean Harbors outperformed expectations for the quarter as it saw continued strength in its environmental services segment and recorded a better-than-expected quarter in its Safety-Kleen Sustainability Solutions segment. Executives reported a tough start to the year due to extreme weather but month-to-month improvements through March and April. Co-CEO Eric Gerstenberg reported demand for disposal and recycling services were positive in Q1. Tariffs and recession: Executives don't anticipate tariffs will have a significantly negative impact on Clean Harbors, nor do they fear a recession could undercut the business. They said reshoring could be a long-term boost to the industrial services segment. To stay ahead of macroeconomic uncertainty, Gerstenberg said the company is also engaging with key cus Show less Read more
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