Equity Profile

CLH

Clean Harbors, Inc.

IndustrialsEnvironmental & Facilities Services$16.0B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Clean Harbors, Inc. (CLH) is a leading provider of environmental and facilities services, focusing on waste management and industrial cleaning....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability and will indicate how well the company is managing costs and generating income.

N/A

Revenue Growth

Revenue growth is essential for assessing the company's ability to expand its market share and meet customer demand.

N/A

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) is a leading provider of environmental and facilities services, focusing on waste management and industrial cleaning. As a key player in the industrial sector, it plays a crucial role in helping businesses comply with environmental regulations and manage their waste responsibly.

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

Overall, expectations for Clean Harbors are mixed, with some investors optimistic about continued profitability while others are cautious due to recent stock volatility.

Bull Case

The bullish view hinges on the company's ability to sustain or improve its EPS, which could signal strong operational efficiency and demand for its services.

Bear Case

Conversely, the bearish perspective is driven by concerns over potential revenue stagnation and the impact of economic conditions on industrial services.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026, and how does it compare to previous quarters?

The EPS figure will be crucial in determining whether the company can maintain profitability and investor confidence.

What insights can management provide on revenue growth and market demand?

Understanding revenue trends will help gauge the company's ability to navigate economic challenges and capitalize on growth opportunities.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating Clean Harbors' ability to leverage recent operational improvements, which could lead to stronger-than-expected EPS growth.

Supporting Evidence

The company's historical EPS beat rate of 75% suggests a strong likelihood of exceeding expectations.

Options pricing indicates heightened volatility, which may reflect investor uncertainty rather than a lack of confidence in the company's fundamentals.

Key Risk

If the EPS comes in below $1.10, it could undermine the bullish narrative surrounding the company's operational strength.

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 resilience in a potentially challenging economic environment.

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 support the bear case, raising concerns about profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±15.57%

Historical Avg

±5.7%

Pricing rich

The options market is pricing in a significant potential 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: 6 of 24 (25%)

This setup has occurred 30 times across Industrials in the last 2 years. 18 of 24 (75%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.8%, with a raw directional average of +1.9% (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 stock increase of around 0.89%, confirming strong operational performance.

In-Line / Cautious

An in-line result may lead to muted stock movement, as investors weigh management's commentary on future growth.

Miss

If the company misses expectations, history suggests a potential decline of around 11.10%, raising concerns about its financial health.

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 cost management strategies and their impact on margins.
2Insights into customer demand trends in the environmental services sector.
3Management's outlook on economic conditions and their potential impact on operations.
4Details on any new contracts or projects that could drive future revenue.
5Comments on competitive pressures and how the company plans to address them.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Aug3

ONBMO

ON Semiconductor Corporation

PreviewView

Aug3

LBMO

Company Snapshot

Clean Harbors, Inc. (CLH) is a leading provider of environmental and facilities services, focusing on waste management and industrial cleaning....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability and will indicate how well the company is managing costs and generating income.

N/A

Revenue Growth

Revenue growth is essential for assessing the company's ability to expand its market share and meet customer demand.

N/A

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

Overall, expectations for Clean Harbors are mixed, with some investors optimistic about continued profitability while others are cautious due to recent stock volatility.

Bull Case

The bullish view hinges on the company's ability to sustain or improve its EPS, which could signal strong operational efficiency and demand for its services.

Bear Case

Conversely, the bearish perspective is driven by concerns over potential revenue stagnation and the impact of economic conditions on industrial services.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026, and how does it compare to previous quarters?

The EPS figure will be crucial in determining whether the company can maintain profitability and investor confidence.

What insights can management provide on revenue growth and market demand?

Understanding revenue trends will help gauge the company's ability to navigate economic challenges and capitalize on growth opportunities.

Edge

What the Street Is Missing

Why consensus could be wrong

The market may be underestimating Clean Harbors' ability to leverage recent operational improvements, which could lead to stronger-than-expected EPS growth.

Supporting Evidence

The company's historical EPS beat rate of 75% suggests a strong likelihood of exceeding expectations.

Options pricing indicates heightened volatility, which may reflect investor uncertainty rather than a lack of confidence in the company's fundamentals.

Key Risk

If the EPS comes in below $1.10, it could undermine the bullish narrative surrounding the company's operational strength.

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 resilience in a potentially challenging economic environment.

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 support the bear case, raising concerns about profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±15.57%

Historical Avg

±5.7%

Pricing rich

The options market is pricing in a significant potential 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: 6 of 24 (25%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Clean Harbors beats expectations, history suggests a potential stock increase of around 0.89%, confirming strong operational performance.

In-Line / Cautious

An in-line result may lead to muted stock movement, as investors weigh management's commentary on future growth.

Miss

If the company misses expectations, history suggests a potential decline of around 11.10%, raising concerns about its financial health.

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 cost management strategies and their impact on margins.
2Insights into customer demand trends in the environmental services sector.
3Management's outlook on economic conditions and their potential impact on operations.
4Details on any new contracts or projects that could drive future revenue.
5Comments on competitive pressures and how the company plans to address them.