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Harsco Trims FY22 Adjusted EBITDA Outlook

RTTNews | 1091 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 | 864 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 | 1073 days ago

Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

Swiss stocks turned in a fine performance on Thursday, in line with most of the markets across Europe, amid optimism about a U.S.-EU trade deal materialising sometime soon.

RTTNews | 2h 24min ago

European Stocks Close Broadly Higher On Trade Deal Hopes

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European stocks closed on a positive note on Thursday with the undertone remaining firm amid expectations the European Union and the U.S. will strike a trade deal soon. Investors also looked ahead to the earnings season that is set to start next week.

RTTNews | 2h 43min ago

Canadian Market Modestly Higher At Noon

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After a flat start and a subsequent drop into negative territory, the Canadian market climbed higher Thursday morning and remained firmly well placed in positive territory at noon. The mood remains somewhat cautious amid concerns about tariffs following U.S. President Donald Trump confirming a 50% levy on copper imports, and hinting at additional tariffs on semiconductors and pharmaceuticals.

RTTNews | 4h 4min ago

U.S. Jobless Claims Unexpectedly Slip To 227,000

U.S. Jobless Claims Unexpectedly Slip To 227,000

First-time claims for U.S. unemployment benefits unexpectedly edged modestly lower in the week ended July 5th, according to a report released by the Labor Department on Thursday.

RTTNews | 6h 21min ago

U.S. Weekly Jobless Claims Unexpectedly Edge Lower

U.S. Weekly Jobless Claims Unexpectedly Edge Lower

First-time claims for U.S. unemployment benefits unexpectedly edged modestly lower in the week ended July 5th, according to a report released by the Labor Department on Thursday.

RTTNews | 7h 34min ago

Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

Canadian shares may open on a slightly mixed note on Thursday tracking the trend in the commodity markets, and somewhat firm European stocks. The focus, once again, will be on trade negotiations between the U.S. and several other major nations.

RTTNews | 7h 37min ago

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