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

RTTNews | 914 hari yang lalu
Harsco Q4 Results Top Estimates; Guides Q1, FY23 Below Estimates

(RTTNews) - 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.

Excluding items, adjusted earnings per share from continuing operations was $0.01, compared to last year's $0.22.

Net loss attributable to common stockholders was $36.72 million or $0.46 per share, wider than $24.34 million or $0.30 per share in the year-ago quarter.

Total revenues from continuing operations for the quarter increased 1 percent to $468.30 million from $462.07 million in the same quarter last year.

On average, four analysts polled by Thomson Reuters expected the company to report a loss of $0.07 per share on revenues of $460.05 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to the first quarter, the company expects to report a loss in a range $0.30 to $0.37 per share and adjusted loss in a range $0.23 to $0.30 per share, both from continuing operations.

For fiscal 2023, the company now projects a loss in a range of $0.50 to $0.80 per share and adjusted loss in a range of $0.23 to 0.52 per share, both from continuing operations.

The Street is currently looking for a loss of $0.08 per share for the quarter and earnings of $0.17 per share for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
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 | 1123 hari yang lalu
Harsco Trims FY22 Adjusted EBITDA Outlook

Harsco Trims FY22 Adjusted EBITDA Outlook

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.
RTTNews | 1141 hari yang lalu
German Inflation Accelerates To 2.2% In August

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
RTTNews | 3j 7min yang lalu
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | 5j 57min yang lalu
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | 6j 26min yang lalu