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Harsco Trims FY22 Adjusted EBITDA Outlook

RTTNews | 1139 days ago

Harsco Trims FY22 Adjusted EBITDA Outlook

(RTTNews) - Provided an update on its expected financial results for the second quarter on Friday, Harsco Corp. (HSC) said it expects a operating loss from continuing operations of between $95 million and $97 million, including a non-cash goodwill impairment charge estimated at approximately $100 million, and adjusted EBITDA within a range of $47.5 million to $50.0 million.

Looking ahead to fiscal 2022, Harsco expects operating loss from continuing operations of between $51 million and $61 million, including a non-cash goodwill impairment charge of approximately $100 million, and adjusted EBITDA within a range of $210 million to $220 million, compared with adjusted EBITDA of $250 million to $265 million previously.

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Harsco Q4 Results Top Estimates; Guides Q1, FY23 Below Estimates

Harsco Q4 Results Top Estimates; Guides Q1, FY23 Below Estimates

Harsco Corp. (HSC) reported on Monday a fourth-quarter net loss from continuing operations attributable to common stockholders of $23.75 million or $0.30 per share, compared to net income of $10.12 million or $0.13 per share in the prior-year quarter.

RTTNews | 912 days ago

Harsco Slashes FY22 Outlook As Q2 Results Top Estimates

Harsco Slashes FY22 Outlook As Q2 Results Top Estimates

Harsco Corp. (HSC) reported Tuesday second-quarter net loss from continuing operations attributable to common stockholders of $106.70 million or $1.34 per share, compared to net income of $8.54 million or $0.11 per share in the prior-year quarter.

RTTNews | 1121 days ago

Higher Open Called For Japan Stock Market

Higher Open Called For Japan Stock Market

The Japan stock market bounced higher again on Wednesday, one session after ending the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just above the 42,520-point plateau and it's expected to open to the upside again on Thursday.

RTTNews | 13 minutes ago

KOSPI May Reclaim 3,200-Point Level

KOSPI May Reclaim 3,200-Point Level

The South Korea stock market bounced higher again on Wednesday, one day after ending the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,190-point plateau and it may tick higher again on Thursday.

RTTNews | 28 minutes ago

Korea Interest Rate Decision Due On Thursday

Korea Interest Rate Decision Due On Thursday

The Bank of Korea will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is expected to keep its benchmark lending rate unchanged at 2.50 percent.

RTTNews | 1h 28min ago

Swiss Franc Advances Against Majors

Swiss Franc Advances Against Majors

The Swiss franc climbed against its major counterparts in the New York session on Wednesday.

RTTNews | 2h 56min ago

European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

European stocks turned in a mixed performance on Wednesday as investors largely stayed cautious, looking ahead to chipmaker Nvidia's quarterly earnings announcement, and continuing to assess the political situation in France.

RTTNews | 6h 34min ago

Euro Falls Amid Political Uncertainty

Euro Falls Amid Political Uncertainty

The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.

RTTNews | 10h 50min ago

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