CLH Earnings Prediction
The chart below shows how CLH performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CLH sees a +1.74% change in stock price 10 days leading up to the earnings, and a +2.94% change 10 days following the report. On the earnings day itself, the stock moves by -1.40%. This data can give you a slight idea of what to expect for the next quarter's release.
CLH Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.43B
6.95%
-6.43%
Gross Margin
22.52%
-4.86%
-7.86%
Operating Margin
9.87%
-10.35%
-21.48%
Net Margin
5.87%
-20.14%
-22.05%
EPS
1.55
-14.36%
-26.89%
No Data Available
CLH Earnings Analysis
Clean Harbors Inc Corporation (CLH.N) Earnings Conference Call
Positive
Earnings Per Share Beat: Clean Harbors, Inc. reported an EPS of $1.55, exceeding expectations of $1.36, indicating strong financial performance.
Environmental Services Revenue Surge: The Environmental Services (ES) segment experienced a record year with a solid fourth quarter, contributing to an overall revenue growth of 11% and adjusted EBITDA margins exceeding 25%.
Safety Performance Improvement: The company achieved a total recordable incident rate that surpassed its 2024 safety goals, showcasing a commitment to safety and continuous improvement.
Operational Milestone Achieved: The completion and commercial launch of the Kimball, Nebraska incinerator ahead of schedule is a significant operational milestone, increasing North American capacity by 12%.
EBITDA Margin Improvement: The ES segment marked its eleventh consecutive quarter of year-over-year improvement in adjusted EBITDA margin, increasing by more than 500 basis points compared to Q4 of 2021.
Field Services Revenue Surge: Field services revenue grew by 47%, driven by organic growth and the acquisition of HEPAKO, highlighting successful integration and expansion efforts.
Strong Cash Position: The company reported a strong cash position with $790 million in cash and short-term marketable securities, up $240 million over the course of 2024, indicating financial stability.
Projected EBITDA Growth: Clean Harbors anticipates continued growth in 2025, with adjusted EBITDA expected to be in the range of $1.15 billion to $1.21 billion, driven by strong demand for ES services and the ramp-up of the Kimball incinerator.
Growth Investment Strategy: The company is actively pursuing growth opportunities, including a $50 million investment in a growth project in Phoenix, reflecting a proactive approach to capital allocation and expansion.
Negative
Revenue and EBITDA Decline: - The SKSS segment experienced a decline in revenue and EBITDA year-over-year in Q4, reflecting soft demand and lower pricing, particularly in the base oil and lubricants market.
Market Challenges and Adjustments: - The company faced challenges in the base oil and lubricants market, leading to a shift to a charge-for-oil position and idling of California refineries to manage inventory buildup.
Increased Collection Costs: - Q4 collection costs were higher than expected due to a shift in collection approach, impacting profitability in the SKSS segment.
Decline in EBITDA Margin: - The adjusted EBITDA margin for Q4 was down year-over-year, indicating a decline in overall profitability despite strong performance in the ES segment.
Rising Corporate Expenses: - Corporate expenses are expected to rise in 2025, primarily due to increased wages, benefits, and insurance costs, which may impact overall profitability.
SKSS Segment Revenue Challenges: - The company anticipates a challenging environment for the SKSS segment in 2025, with cautious oil pricing assumptions affecting revenue expectations.
CLH FAQs
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CLH Earning Call Sentiment
Clean Harbors, Inc. (NYSE:CLH) Q4 2024 Earnings Call Transcript
CLH.N
-1.44%Positive
The earnings call presented mixed signals. Financial performance was positive with increased cash and securities, but net income declined in Q4. The guidance was optimistic, yet with lowered cash flow expectations. The Q&A revealed a cautious outlook on opportunities and challenges, particularly with wildfires and weather impacts. Despite a new incinerator and acquisition strategies, uncertainties in market conditions and unclear management responses suggest a neutral sentiment. Without market cap data, the overall stock price movement prediction is neutral (-2% to 2%) for the next two weeks.
