Revenue Update on US Ecology Inc(NASDAQ:ECOL)

US Ecology Inc(NASDAQ:ECOL) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 28, 2016. Company reported revenue of $122.35M. Analysts estimated a revenue of $122.16M. Earnings per share were $0.37. Analysts had estimated an EPS of $0.41.

In a different note, Barclays said it Initiates Coverage on US Ecology Inc, according to a research note issued on May 18, 2016. The shares have been rated ‘Equal-weight’ by the firm. On May 3, 2016, Imperial Capital said it Maintains its rating on US Ecology Inc. In the research note, the firm Raises the price-target to $44.00 per share. The shares have been rated ‘In-line’ by the firm.

US Ecology Inc (ECOL) made into the market gainers list on Thursdays trading session with the shares advancing 1.74% or 0.77 points. Due to strong positive momentum, the stock ended at $44.98, which is also near the day’s high of $45.01. The stock began the session at $44.32 and the volume stood at 1,03,221 shares. The 52-week high of the shares is $52.99 and the 52 week low is $29.89. The company has a current market capitalization of $979 M and it has 2,17,73,650 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jan 20, 2016, Stephen A Romano (director) sold 4,000 shares at $48.93 per share price.Also, 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.

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