Clean Harbors, Inc. Q3 Profit Increases, beats estimates

(RTTNews) - Clean Harbors, Inc. (CLH) announced earnings for its third quarter that increased from the same period last year and beat the Street estimates.

The company's earnings came in at $135.80 million, or $2.50 per share. This compares with $65.44 million, or $1.20 per share, in last year's third quarter.

Excluding items, Clean Harbors, Inc. reported adjusted earnings of $132.4 million or $2.43 per share for the period.

Analysts on average had expected the company to earn $2.11 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 42.9% to $1.36 billion from $951.48 million last year.

Clean Harbors, Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $135.80 Mln. vs. $65.44 Mln. last year. -EPS (Q3): $2.50 vs. $1.20 last year. -Analyst Estimate: $2.11 -Revenue (Q3): $1.36 Bln vs. $951.48 Mln last year.