US Ecology Earnings: Here’s Why the Stock is Up Now

US Ecology, Inc. (NASDAQ:ECOL) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 0.8%.

US Ecology, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased to $0.36 in the quarter versus EPS of $0.34 in the year-earlier quarter.

Revenue: Rose 21.24% to $50.4 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: US Ecology, Inc. reported adjusted EPS income of $0.36 per share. By that measure, the company beat the mean analyst estimate of $0.31. It beat the average revenue estimate of $42.7 million.

Quoting Management: “We were pleased with the strong performance across our facilities during the fourth quarter,” commented Vice President, Acting Chief Financial Officer and Chief Accounting Officer, Eric Gerratt. “Continued double digit Base Business revenue growth and strong project based Event Business more than replaced GE Hudson River cleanup project contributions in 2011.”

Key Stats (on next page)…