Equity Profile

CLH

Clean Harbors, Inc.

IndustrialsEnvironmental & Facilities Services$15.0B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Clean Harbors, Inc. (CLH) operates in the industrial sector, focusing on environmental and facilities services....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well the company is managing costs and generating income.

Not available

Revenue Growth

Revenue growth indicates the company's ability to expand its business and capture market share in the environmental services sector.

Not available

Wall Street expectations, options signals, track record, and call prep available with Pro.

CLH Q2-2026 Earnings Preview

Context

Company Snapshot

Clean Harbors, Inc. (CLH) operates in the industrial sector, focusing on environmental and facilities services. The company plays a crucial role in waste management and environmental cleanup, which are increasingly important as regulations tighten and sustainability becomes a priority for businesses and governments.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+4.05%

Avg Stock Reaction

-3.45%

Last Quarter Recap

In Q1-2026, Clean Harbors reported an EPS of $1.19, beating estimates by 3.21%. However, the stock fell 8.20% the following day, indicating market concerns despite the earnings beat.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about Clean Harbors' upcoming earnings, given its history of beating EPS estimates. However, the recent stock performance suggests that any disappointment could lead to significant declines.

Bull Case

If Clean Harbors can continue its trend of beating EPS estimates and show strong revenue growth, it could signal a robust business outlook and drive the stock higher.

Bear Case

Conversely, if the company fails to meet expectations or shows signs of slowing growth, it could lead to a sharp decline in stock price, especially given the recent volatility.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be this quarter, and how does it compare to previous quarters?

Given Clean Harbors' history of beating EPS estimates, this will be a key indicator of performance and could significantly impact stock price.

What are the revenue growth figures for this quarter?

Revenue growth will provide insight into the company's market position and ability to capitalize on environmental service demands.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Clean Harbors' ability to leverage recent regulatory changes favoring environmental services, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

The company has consistently beaten EPS estimates, suggesting operational strength.

Options pricing indicates a significant expected move, reflecting heightened investor interest.

Recent insider buying suggests confidence in the company's future performance.

Key Risk

If revenue growth exceeds expectations, it could challenge the current cautious consensus.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will reflect the company's ability to navigate market challenges and capitalize on growth opportunities.

Bull Confirmed If

An EPS of $1.25 or higher would confirm the bull case, indicating strong operational performance.

Bear Confirmed If

An EPS below $1.10 would confirm the bear case, suggesting potential issues in profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±15.86%

Historical Avg

±5.7%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±15.6% while CLH has averaged ±5.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

34.3%

Calls (400)P/C Ratio: 0.25Puts (100)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 5 of 21 (24%)

This setup has occurred 30 times across Industrials in the last 2 years. 16 of 21 (76%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.7%, with a raw directional average of +1.7% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Clean Harbors beats expectations, history suggests a potential average one-day move of +1.73%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further commentary from management.

Miss

A miss could lead to a significant drop, with history suggesting an average one-day move of -11.10%, reflecting market disappointment.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·0 sells

Members

House only

Est. Notional

$15,001.00–$50,000.00

disclosed dollar ranges

Most Active Members

D-MDApril McClain DelaneyRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new contracts or partnerships that could drive revenue growth.
2Management's outlook on regulatory changes and their impact on operations.
3Details on cost management strategies and their effect on profitability.
4Insights into market demand for environmental services in the upcoming quarters.

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Company Snapshot

Clean Harbors, Inc. (CLH) operates in the industrial sector, focusing on environmental and facilities services....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well the company is managing costs and generating income.

Not available

Revenue Growth

Revenue growth indicates the company's ability to expand its business and capture market share in the environmental services sector.

Not available

Wall Street expectations, options signals, track record, and call prep available with Pro.

CLH Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+4.05%

Avg Stock Reaction

-3.45%

Last Quarter Recap

In Q1-2026, Clean Harbors reported an EPS of $1.19, beating estimates by 3.21%. However, the stock fell 8.20% the following day, indicating market concerns despite the earnings beat.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If Clean Harbors can continue its trend of beating EPS estimates and show strong revenue growth, it could signal a robust business outlook and drive the stock higher.

Bear Case

Conversely, if the company fails to meet expectations or shows signs of slowing growth, it could lead to a sharp decline in stock price, especially given the recent volatility.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be this quarter, and how does it compare to previous quarters?

Given Clean Harbors' history of beating EPS estimates, this will be a key indicator of performance and could significantly impact stock price.

What are the revenue growth figures for this quarter?

Revenue growth will provide insight into the company's market position and ability to capitalize on environmental service demands.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Clean Harbors' ability to leverage recent regulatory changes favoring environmental services, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

The company has consistently beaten EPS estimates, suggesting operational strength.

Options pricing indicates a significant expected move, reflecting heightened investor interest.

Recent insider buying suggests confidence in the company's future performance.

Key Risk

If revenue growth exceeds expectations, it could challenge the current cautious consensus.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will reflect the company's ability to navigate market challenges and capitalize on growth opportunities.

Bull Confirmed If

An EPS of $1.25 or higher would confirm the bull case, indicating strong operational performance.

Bear Confirmed If

An EPS below $1.10 would confirm the bear case, suggesting potential issues in profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±15.86%

Historical Avg

±5.7%

Pricing rich

The options market is pricing in a significant move, suggesting that traders expect volatility around the earnings announcement.

Options are pricing ±15.6% while CLH has averaged ±5.7% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

34.3%

Calls (400)P/C Ratio: 0.25Puts (100)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 5 of 21 (24%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Clean Harbors beats expectations, history suggests a potential average one-day move of +1.73%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement as investors await further commentary from management.

Miss

A miss could lead to a significant drop, with history suggesting an average one-day move of -11.10%, reflecting market disappointment.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·0 sells

Members

House only

Est. Notional

$15,001.00–$50,000.00

disclosed dollar ranges

Most Active Members

D-MDApril McClain DelaneyRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new contracts or partnerships that could drive revenue growth.
2Management's outlook on regulatory changes and their impact on operations.
3Details on cost management strategies and their effect on profitability.
4Insights into market demand for environmental services in the upcoming quarters.