US Ecology Inc (ECOL) Releases Earnings Results, Beats Expectations By $0.07 EPS

US Ecology Inc (ECOL) reported quarterly earnings results on Thursday, Apr-28-2016. The company said it had a profit of $0.32 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.07. Analysts had a consensus of $0.25. The company posted revenue of $113.30 million in the period, compared to analysts expectations of $111.86 million. The company’s revenue was down -17.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 EPS.

Many Wall Street Analysts have commented on US Ecology Inc. Company shares were Reiterated by Stifel on Mar 31, 2016 to “Buy”, Firm has raised the Price Target to $ 47 from a previous price target of $45 .Company shares were Upgraded by Imperial Capital on Feb 22, 2016 to ” Outperform”, Firm has raised the Price Target to $ 44 from a previous price target of $42 .

US Ecology Inc opened for trading at $43.35 and hit $43.5 on the upside on Wednesday, eventually ending the session at $43.27, with a gain of 0.09% or 0.04 points. The heightened volatility saw the trading volume jump to 46,331 shares. Company has a market cap of $942 M.

In a different news, on Jan 20, 2016, Stephen A Romano (director) sold 4,000 shares at $48.93 per share price. According to the SEC, on Aug 19, 2015, Simon G Bell (EVP Operations) sold 1,726 shares at $52.36 per share price. On Aug 18, 2015, Steven D Welling (EVP Sales and Mkt.) sold 7,522 shares at $52.07 per share price, according to the Form-4 filing with the securities and exchange commission.

US Ecology Inc. (US Ecology) is a North American provider of environmental services to commercial and government entities. The Company operates in two business segments: Environmental Services and Field & Industrial Services. The Environmental Services segment includes all of the legacy US Ecology operations and the legacy EQ treatment and disposal facilities. It provides a range of hazardous material management services including transportation recycling treatment and disposal of hazardous and non-hazardous waste at Company-owned landfill wastewater and other treatment facilities. The Field & Industrial Services segment includes all of the field and industrial service business of the legacy EQ operation. It provides packaging and collection of hazardous waste and total waste management solutions at customer sites and through its 10-day transfer facilities.

US Ecology Inc

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