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NORWELL, Mass. (AP) — NORWELL, Mass. (AP) — Clean Harbors Inc. (CLH) on Wednesday reported fourth-quarter net income of $98.3 million.
The Norwell, Massachusetts-based company said it had profit of $1.81 per share. Earnings, adjusted to extinguish debt, came to $1.82 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share.
The environmental services company posted revenue of $1.34 billion in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $1.35 billion.
For the year, the company reported profit of $377.9 million, or $6.95 per share. Revenue was reported as $5.41 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLH at https://www.zacks.com/ap/CLH