Clean Harbors, Inc. Profit Drops 98% In Q4

(RTTNews) - Clean Harbors, Inc. (CLH) announced earnings for fourth quarter that lost ground compared to the same period last year.

The company said its earnings came in at $0.57 million, or $0.01 per share. This was lower than $27.38 million, or $0.46 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.12 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 15.6% to $713.04 million. This was down from $845.02 million last year.

Clean Harbors, Inc. earnings at a glance:

-Earnings (Q4): $0.57 Mln. vs. $27.38 Mln. last year. -Earnings Decline (Y-o-Y): -97.9% -EPS (Q4): $0.01 vs. $0.46 last year. -EPS Decline (Y-o-Y): -97.8% -Analysts Estimate: $0.12 -Revenue (Q4): $713.04 Mln vs. $845.02 Mln last year. -Revenue Change (Y-o-Y): -15.6%