What To Expect From Heritage-Crystal Clean, Inc. ($HCCI) 3Q20 Earnings

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Heritage-Crystal Clean, Inc. (NASDAQ:HCCI) is reporting third quarter earnings results on Wednesday 14th October 2020, after market close.

The consensus estimates from Thomson Reuters are loss of $ 0.15 per share.

For the full year, analysts predict revenues of $ 395.58 million, while looking forward to loss of $ 0.24 per share.

Previous Quarter Performance

Heritage-Crystal Clean, Inc. announced loss for the second quarter of $ 0.31 per share, from the revenue of $ 79.52 million. The quarterly revenues fell 24.27 percent compared with the same quarter last year. Street analysts expected Heritage-Crystal Clean, Inc. to report loss of $ 0.26 per share on revenue of $ 70.10 million for the second quarter. The bottom line results missed street analysts by $ 0.05 or 19.23 percent, at the same time, top line results outshined analysts by $ 9.42 million or 13.44 percent.

Stock Performance

Shares of Heritage-Crystal Clean, Inc. traded up $ 0.40 or 2.75 percent on Tuesday, reaching $ 14.96 with volume of 32.00 thousand shares. Heritage-Crystal Clean, Inc. has traded high as $ 15.08 and has cracked $ 14.27 on the downward trend

According to the previous trading day, closing price of $ 14.96, representing a 28.85 % increase from the 52 week low of $ 11.30 and a 55.31 % decrease over the 52 week high of $ 32.58.

The company has a market capital of $ 348.12 million and is part of the Industrials sector and Pollution & Treatment Controls industry.

Heritage-Crystal Clean, Inc., through its subsidiary, Heritage-Crystal Clean, LLC, provides parts cleaning, and hazardous and non-hazardous containerized waste services to small and mid-sized customers in the vehicle maintenance and manufacturing services industries in North America. It operates in two segments, Environmental Services and Oil Business. The Environmental Services segment offers parts cleaning, containerized waste management, vacuum truck, antifreeze recycling, and field services.