Clean Harbors, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 01, 2023 at 07:30 am EDT
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Clean Harbors, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 1,365.7 million compared to USD 1,363.09 million a year ago. Net income was USD 91.34 million compared to USD 135.8 million a year ago. Basic earnings per share from continuing operations was USD 1.69 compared to USD 2.51 a year ago. Diluted earnings per share from continuing operations was USD 1.68 compared to USD 2.5 a year ago.
For the nine months, sales was USD 4,070.98 million compared to USD 3,888.51 million a year ago. Net income was USD 279.51 million compared to USD 329.27 million a year ago. Basic earnings per share from continuing operations was USD 5.17 compared to USD 6.07 a year ago. Diluted earnings per share from continuing operations was USD 5.14 compared to USD 6.04 a year ago.
Clean Harbors, Inc. is a provider of sustainable environmental and industrial services throughout North America. The Company provides parts cleaning and related environmental services to general manufacturing, automotive and commercial customers in North America and re-refiner and recycler of used oil in North America. The Companyâs Environmental Services segment collects, transports, treats and disposes hazardous and non-hazardous waste, including resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemical disposal, explosives management and CleanPack services. It also offers emergency response services. Its Safety-Kleen Sustainability Solutions (SKSS) segment offers recycled base and blended oil products and other automotive and industrial lubricants to end users including distributors and manufacturers of oil products and industrial plants. It collects used oil which serves as feedstock for its eight oil re-refineries.