Shares of Horizon Global (NYSE:HZN) were flat after the company reported Q1 results.
Earnings per share increased 4.48% over the past year to ($0.64), which missed the estimate of ($0.30).
Revenue of $163,250,000 decreased by 22.14% year over year, which missed the estimate of $179,800,000.
Horizon Global hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
How To Listen To The Conference Call
Date: May 18, 2020
Time: 08:30 AM
52-week high: $5.79
52-week low: $1.20
Price action over last quarter: down 36.53%
Horizon Global Corp designs, manufactures and distributes towing, trailering, cargo management and related products for original equipment to aftermarket, automotive, and retail markets. It holds various brands including draw tite, hayman reese, reese, aqua clear, bulldog, fulton ,harper, hidden hitch, highland, laitner, park side, pro series, reese towpower, rola, tekonsha, tow ready, trimotive americas and wesberg. The company's geographical segment includes Horizon Americas and Horizon Europe-Africa. It derives a majority of revenue from Horizon Americas segment.