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. is a leading provider of environmental and facilities services, focusing on waste management and recycling....

Key Metrics to Watch

Earnings Per Share (EPS)

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

N/A

Revenue Growth

Revenue growth will provide insight into the demand for Clean Harbors' services and overall business health.

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. is a leading provider of environmental and facilities services, focusing on waste management and recycling. As a key player in the industrial sector, it plays a vital 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, surpassing expectations slightly. 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 report, given its history of beating EPS estimates. However, the lack of revenue guidance may lead to uncertainty.

Bull Case

If Clean Harbors can demonstrate strong revenue growth alongside its EPS, it may signal robust demand for its services, leading to a positive market reaction.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant drop in stock price, especially given recent market volatility.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given the company's recent performance, a strong EPS could reassure investors about profitability, while a weak EPS could raise concerns.

How is Clean Harbors addressing current market challenges?

Understanding management's strategy in response to market conditions will be crucial for assessing future growth potential.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Clean Harbors' ability to capitalize on increased environmental regulations, which could drive demand for its services higher than expected.

Supporting Evidence

The company's historical EPS beat rate of 75% suggests it has a strong track record of exceeding expectations.

Options pricing indicates a larger expected move than historical averages, suggesting that the market anticipates significant news.

Recent insider buying activity may indicate confidence in the company's future performance.

Key Risk

If the company reports an EPS below $1.10, it could undermine the bullish narrative and lead to a reassessment of its growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is weighing the company's ability to maintain profitability amidst fluctuating demand and operational challenges.

Bull Confirmed If

An EPS of $1.25 or higher would confirm strong operational performance and investor confidence.

Bear Confirmed If

An EPS below $1.10 would indicate potential issues with profitability and could lead to a sell-off.

Pre-Earnings Positioning

Options Market

Implied Move

±15.57%

Historical Avg

±5.7%

Pricing rich

The options market is pricing in a significant move, suggesting that investors 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 the stock could rise by around 1.87%, confirming a positive outlook.

In-Line / Cautious

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

Miss

A miss could lead to a decline of about 11.10%, reflecting investor disappointment and concerns about future performance.

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 revenue growth and demand for environmental services.
2Management's commentary on cost management and operational efficiency.
3Insights into how regulatory changes may impact business opportunities.
4Details on any new contracts or partnerships that could drive future growth.
5Guidance on expected performance for the next quarter.

See the full picture

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Company Snapshot

Clean Harbors, Inc. is a leading provider of environmental and facilities services, focusing on waste management and recycling....

Key Metrics to Watch

Earnings Per Share (EPS)

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

N/A

Revenue Growth

Revenue growth will provide insight into the demand for Clean Harbors' services and overall business health.

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, surpassing expectations slightly. 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 report, given its history of beating EPS estimates. However, the lack of revenue guidance may lead to uncertainty.

Bull Case

If Clean Harbors can demonstrate strong revenue growth alongside its EPS, it may signal robust demand for its services, leading to a positive market reaction.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant drop in stock price, especially given recent market volatility.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given the company's recent performance, a strong EPS could reassure investors about profitability, while a weak EPS could raise concerns.

How is Clean Harbors addressing current market challenges?

Understanding management's strategy in response to market conditions will be crucial for assessing future growth potential.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Clean Harbors' ability to capitalize on increased environmental regulations, which could drive demand for its services higher than expected.

Supporting Evidence

The company's historical EPS beat rate of 75% suggests it has a strong track record of exceeding expectations.

Options pricing indicates a larger expected move than historical averages, suggesting that the market anticipates significant news.

Recent insider buying activity may indicate confidence in the company's future performance.

Key Risk

If the company reports an EPS below $1.10, it could undermine the bullish narrative and lead to a reassessment of its growth potential.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is weighing the company's ability to maintain profitability amidst fluctuating demand and operational challenges.

Bull Confirmed If

An EPS of $1.25 or higher would confirm strong operational performance and investor confidence.

Bear Confirmed If

An EPS below $1.10 would indicate potential issues with profitability and could lead to a sell-off.

Pre-Earnings Positioning

Options Market

Implied Move

±15.57%

Historical Avg

±5.7%

Pricing rich

The options market is pricing in a significant move, suggesting that investors 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 the stock could rise by around 1.87%, confirming a positive outlook.

In-Line / Cautious

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

Miss

A miss could lead to a decline of about 11.10%, reflecting investor disappointment and concerns about future performance.

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 revenue growth and demand for environmental services.
2Management's commentary on cost management and operational efficiency.
3Insights into how regulatory changes may impact business opportunities.
4Details on any new contracts or partnerships that could drive future growth.
5Guidance on expected performance for the next quarter.