Leading North American environmental and industrial services provider Clean Harbors Inc has announced it will report its financial results for the second quarter of 2026 before the U.S. stock market opens on Wednesday, July 29.
A conference call and webcast to discuss the results is scheduled for 9:00 a.m. Eastern Time on the same day.
Key participants on the call will include Co-Chief Executive Officers Michael L. Battles and Eric W. Gerstenberg, Chief Financial Officer Eric J. Dugas, and Senior Vice President of Investor Relations Jim Buckley. They will review the company's financial performance, business outlook, and growth strategy.
Investors can access the live webcast via the investor relations section of the Clean Harbors website or participate by phone by dialing 877.709.8155.
Review of Recent Performance
In the first quarter, the company reported revenue of $1.46 billion, representing a 2% year-over-year increase and marking a record for that period. Net income was $63.2 million, with earnings per share of $1.19, surpassing the market consensus estimate of $1.15.
Adjusted EBITDA grew by 6% to $247.9 million, and the corresponding margin improved by 60 basis points compared to the prior-year period.
The Environmental Services segment maintained its strong momentum, achieving its 16th consecutive quarter of year-over-year improvement in EBITDA margin. Revenue from Technical Services grew by 5%, while Safety-Kleen Environmental Services revenue increased by 7%.
The Safety-Kleen Sustainability Solutions segment also delivered a robust performance, with adjusted EBITDA rising by 17% and its margin expanding significantly by 320 basis points.
Updated Financial Outlook
Following the strong first-quarter results, Clean Harbors has raised its full-year 2026 guidance for adjusted EBITDA to a range of $1.24 billion to $1.30 billion.
The company also anticipates adjusted free cash flow for the year to be between $490 million and $550 million. Market analysts currently project second-quarter earnings per share to be approximately in the range of $2.63 to $2.70.
Business Development Update
The company additionally provided an update on the progress of its comprehensive PFAS management framework, forecasting that this business pipeline will continue to expand at a growth rate of 25% to 35%.