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Harsco: Q1 Earnings Insights

Shares of Harsco (NYSE:HSC) rose 6% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 44.83% year over year to $0.16, which beat the estimate of $0.02. Revenue of $398,841,000 less by 10.83% from the same pe

Benzinga · 05/08/2020 11:57

Shares of Harsco (NYSE:HSC) rose 6% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share fell 44.83% year over year to $0.16, which beat the estimate of $0.02.

Revenue of $398,841,000 less by 10.83% from the same period last year, which beat the estimate of $385,100,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Harsco hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: May 08, 2020

Webcast URL: https://edge.media-server.com/mmc/p/of82auob

Technicals

Company's 52-week high was at $27.97

Company's 52-week low was at $4.19

Price action over last quarter: down 42.51%

Company Description

Harsco provides industrial mill services to steel and nonferrous metal producers in more than 30 countries, including the United States. It also supplies gas-control and gas-containment products internationally, scaffolding services to the industrial maintenance and construction markets, and railway maintenance-of-way equipment and services. Harsco's other businesses include providing process equipment, industrial grating, and slag abrasives.