A Sneak Peek At US Ecology, Inc. ($ECOL) 3Q20 Earnings

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US Ecology, Inc. (NASDAQ:ECOL) is set to announce third quarter earning results on Thursday 5th November 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, ECOL to report 3Q20 income of $ 0.14 per share.

For the full year, analysts anticipate top line of $ 935.96 million, while looking forward to income of $ 0.55 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 1,050.00 million ~ $ 1,150.00 million, where as bottomline are predicted in a range of $ 1.65 ~ $ 2.12 per share

Click Here For More Historical Outlooks Of US Ecology, Inc.

Previous Quarter Performance

US Ecology, Inc. came out with loss for the second quarter of $ 0.08 per share, from the revenue of $ 213.92 million. The consensus estimates are loss of $ 0.02 per share from $ 221.39 million in revenue. The bottom line results missed street analysts by $ 0.06 or 300 percent, at the same time, top line results fell short of analysts by $ 7.47 million or 3.37 percent.

Stock Performance

Shares of US Ecology, Inc. traded low $ -0.41 or -1.23 percent on Wednesday, reaching $ 33.00 with volume of 117.40 thousand shares. US Ecology, Inc. has traded high as $ 34.29 and has cracked $ 32.77 on the downward trend

The closing price of $ 33.00, representing a 33.96 % increase from the 52 week low of $ 24.94 and a 46.62 % decrease over the 52 week high of $ 62.59.

The company has a market capital of $ 1.04 billion and is part of the Industrials sector and Waste Management industry.

US Ecology, Inc., through its subsidiaries, provides environmental services to commercial and government entities in the United States, Canada, and Mexico. It operates through two segments, Environmental Services, and Field & Industrial Services. The Environmental Services segment offers hazardous material management services, including transportation, recycling, treatment, and disposal of hazardous, non-hazardous, and radioactive waste at its landfill, wastewater, deep-well injection, and other treatment facilities.