Post-earnings recap
Reported
Wed, Jul 29, 2026
EPS actual
$3.22
EPS est.
$2.74
EPS surprise
+17.65%
1-day move
+7.47%
Clean Harbors reported better-than-expected earnings per share, which likely contributed to a strong stock reaction, with shares rising 7.47%. However, the company did not provide revenue figures or guidance, leaving some uncertainty about future performance. Investors may view the EPS beat as a positive sign, but the lack of revenue data could raise questions about overall growth.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $3.22 | $3.21 | +17.65% |
| Revenue | N/A | $1.7B | N/A |
No transcript is on record, so the analysis is based solely on numerical results.
Clean Harbors, Inc. is a leading provider of environmental and facilities services, focusing on waste management and industrial cleaning. As a key player in the industrials sector, the company plays a crucial role in helping businesses comply with environmental regulations and manage their waste responsibly.
Last quarter
In Q1 2026, Clean Harbors reported an EPS of $1.19, slightly beating expectations. However, the stock fell 8.20% the following day, indicating market concerns despite the earnings beat.
EPS beat streak
3Q
EPS beat rate
75%
Avg EPS surprise
+4.86%
Avg 1-day reaction
-3.31%
Analysts expect Clean Harbors to report solid earnings this quarter, with a consensus EPS of $3.21. Investors are keen to see if the company can maintain its growth trajectory amidst market fluctuations.
Bull case
If Clean Harbors exceeds EPS expectations, it could signal strong operational efficiency and demand for its services, potentially driving the stock higher.
Bear case
Conversely, if the company misses earnings or revenue targets, it may raise concerns about its growth prospects and lead to a significant stock decline.
Key metrics to watch
EPS
$3.21Earnings per share is a key indicator of profitability and will show how well the company is managing costs and generating income.
Revenue
$1.7BRevenue growth reflects the company's ability to attract and retain clients, which is vital for its long-term success.
The print will turn on these.
Q1
Will Clean Harbors achieve an EPS of $3.21 or higher?
This figure is critical as it will indicate the company's profitability and operational efficiency, influencing investor sentiment.
Q2
What are the revenue figures for this quarter?
Revenue performance will provide insights into the company's growth and demand for its services, which are essential for long-term viability.
—
Est. EPS
—
Est. Rev
—
Impl. Move
±3.5%
Why consensus could be wrong
The Street may underestimate Clean Harbors' ability to capitalize on increasing environmental regulations, which could drive demand for its services higher than expected.
Supporting evidence
The company's historical performance shows a strong beat rate of 75%, indicating consistent operational strength.
Options pricing suggests a larger move than historical averages, indicating heightened expectations from traders.
Key risk
If revenue growth exceeds $1.8B, it could significantly shift market sentiment in favor of the company.
Pre-commit to what would confirm each case.
The market is debating whether Clean Harbors can sustain its growth amidst increasing competition and economic pressures.
Bull confirmed if
An EPS of $3.21 or better would confirm the bullish case, indicating strong operational performance.
Bear confirmed if
An EPS below $2.99 would confirm the bearish case, raising concerns about the company's growth.
What the market is pricing for the move.
Implied Move
±15.57%
Historical Avg
±5.8%
The options market is pricing in a significant move around the earnings report, suggesting that traders expect volatility based on the results.
Options are pricing ±15.6% while CLH has averaged ±5.8% over the last 8 prints — setup is pricing rich.
ATM IV
0.3%
30d HV
34.3%
Cross-company pattern from 30 similar setups.
Prior-quarter beat + options rich in Industrials
Fade rate: 5 of 24 (21%)
This setup has occurred 30 times across Industrials in the last 2 years. 19 of 24 (79%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.6%, with a raw directional average of +1.6% (modestly positive historical bias).
Smart-money positioning from the most recent 13F filings.
Institutional
96.48%
of float
Insider
4.92%
of float
Holders
874
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
5,076,220 sh · $1.6B
9.62%
5.7%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Clean Harbors beats expectations, history suggests a modest positive reaction, confirming operational strength.
In line / cautious
If results are in line with expectations, the stock may see muted movement as investors await further guidance.
Miss
If the company misses earnings expectations, history suggests a significant drop, reflecting market disappointment.
House and Senate STOCK Act disclosures over the trailing 6 months.
Trades
6
0 buys·6 sells
Members
1
House only
Est. Notional
$55,006.00–$175,000.00
disclosed dollar ranges
Most Active Members
6 trades
The lines on the call that would change the story.
Wellington Management Group, LLP
3,155,233 sh · $995.6M
5.98%
-11.8%
FMR, LLC
3,002,654 sh · $947.5M
5.69%
42.9%
Vanguard Capital Management LLC
2,182,972 sh · $688.8M
4.14%
0.6%
Vanguard Portfolio Management LLC
1,983,336 sh · $625.8M
3.76%
1.0%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.
Net selling
Recent Transactions
Traded Aug 25, 2026 · disclosed Sep 9, 2026
$50,001.00–$100,000.00
Traded Jul 28, 2026 · disclosed Aug 3, 2026
$1,001.00–$15,000.00
Traded Jul 27, 2026 · disclosed Aug 3, 2026
$1,001.00–$15,000.00
Traded Jul 24, 2026 · disclosed Aug 3, 2026
$1,001.00–$15,000.00
Traded May 1, 2026 · disclosed Jun 5, 2026
$1,001.00–$15,000.00
Filed 30–45+ days after the trade. Treat as positional context, not a leading indicator. Amounts are SEC-mandated dollar ranges, not exact values.