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Harsco Corp (HSC.N)

HSC.N on New York Stock Exchange

14.80USD
7 Dec 2016
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$0.15 (+1.02%)
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Latest Key Developments (Source: Significant Developments)

Harsco Corp Q3 adjusted EPS $0.14 from continuing operations excluding items
Thursday, 3 Nov 2016 07:00am EDT 

Harsco Corp : Harsco corporation reports third quarter 2016 results . Fy2016 earnings per share view $0.41, revenue view $1.46 billion -- Thomson Reuters I/B/E/S . Harsco corporation reports third quarter 2016 results . Q3 adjusted earnings per share $0.14 from continuing operations excluding items . Q3 earnings per share view $0.13 -- Thomson Reuters I/B/E/S . Sees fy 2016 adjusted earnings per share $0.36 to $0.45 . Sees fy 2016 gaap loss per share $0.76 to $0.85 . Q3 gaap loss per share $0.41 from continuing operations including items .Q3 revenue $368 million.  Full Article

Harsco sells interest in Brand Energy JV
Thursday, 15 Sep 2016 04:15pm EDT 

Harsco Corp : Harsco Corp says intends to use cash proceeds to reduce outstanding debt . Transaction includes termination of certain obligations of company under joint venture arrangement with CD&R. Harsco received cash of $145 million . Total value realized from transaction is approximately $232 million . Harsco received cash of $145 million today with closing of transaction . Transaction has no impact on co's 2016 outlook for adjusted operating income and free cash flow as disclosed with its q2 results on August 4, 2016 .Expects to record a non-cash accounting loss on this equity investment of about $45 million, or a loss of $0.56 per share after tax in q3 2016.  Full Article

Harsco says president of Harsco Rail has resigned
Tuesday, 16 Aug 2016 04:15pm EDT 

Harsco Corp : Harsco Corp says Chris Whistler promoted to chief operating officer, metals & minerals segment . Harsco Corp says Sam Fenice named vice president and corporate controller . Harsco Corp says Scott Jacoby, president of Harsco Rail, has resigned from company . Nicholas Grasberger, CEO and member of board, will assume leadership of Harsco Rail segment on an interim basis .Harsco announces leadership updates.  Full Article

Harsco signs multiyear mill services contract with Ezz Steel
Tuesday, 9 Aug 2016 09:22am EDT 

Harsco Corp : Harsco signs multiyear mill services contract with Ezz Steel . Service at sadat city plant began on July 1 . Contract valued at more than $35 million .Will provide slag and scrap management services at Sadat City, with future plans to design and deliver metal recovery and briquetting plants.  Full Article

Harsco Q2 gaap loss per share $0.35 from continuing operations
Thursday, 4 Aug 2016 07:00am EDT 

Harsco Corp : Harsco Corporation reports second quarter 2016 results . Q2 earnings per share view $0.10 -- Thomson Reuters I/B/E/S . Sees fy 2016 gaap loss per share $0.17 to $0.32 . Q2 gaap loss per share $0.35 from continuing operations . Q2 earnings per share $0.15 from continuing operations excluding items . Sees fy 2016 adjusted earnings per share $0.33 to $0.49 . Sees fy 2015 gaap earnings per share $0.09 .Q2 revenue $370 million versus i/b/e/s view $377.3 million.  Full Article

Harsco Corp says expects Q2 adj operating income of $41 mln exluding items
Thursday, 14 Jul 2016 06:11am EDT 

Harsco Corp - : Harsco provides preliminary second quarter operating results . Excluding item, Harsco expects adjusted operating income of $41 million for Q2 . Majority of equipment deliveries and related revenue recognition under these contracts are expected in 2017 through 2020 . Previous guidance for Q2 of 2016 included adjusted operating income of $22 million to $27 million . Company noted that positive expected underlying results can be largely attributed to its metals & minerals segment . Company concluded it will have a loss on its contracts with sbb in Q2 . Current expectation is that overall outlook for operating income has improved by approximately $20 million from its last update provided in May . Harsco corp says 2016 guidance range above for operating income translates to a range of $32 million and $52 million on a U.S. GAAP basis . Majority of equipment deliveries and related revenue recognition under contracts with sbb are expected in 2017 through 2020 . For 2016 expects adjusted operating income, excluding loss provision for contracts in Q2, will exceed previous guidance range of $80 million to $100 million . Harsco Corp sees EBITDA minus capex margin in m&m segment will roughly double in 2016 compared to periods prior to launch of Project Orion . Q2 earnings per share view $0.06, revenue view $367.9 million -- Thomson Reuters I/B/E/S.  Full Article

Harsco gets significant new order for gas compression coolers
Tuesday, 28 Jun 2016 04:15pm EDT 

Harsco Corp : Significant new order for gas compression coolers produced by its Harsco Industrial Air-X-changers/HAMMCO business .Terms of order were not disclosed.  Full Article

Harsco Corp gives FY, Q2 2016 guidance
Wednesday, 4 May 2016 07:00am EDT 

Harsco Corp:Expects FY 2016 adjusted operating income to range from $80 million to $100 million.Expects FY 2016 adjusted earnings per share in the range of $0.13-$0.33.Expects Q2 2016 adjusted operating income in the range of $22 million to $27 million.Expects Q2 2016 adjusted earnings per share in the range of $0.02 to $0.07.  Full Article

Harsco Corporation suspends quarterly dividend to preserve financial flexibility
Friday, 26 Feb 2016 07:00am EST 

Harsco Corporation:Suspends quarterly dividend to preserve financial flexibility.Has elected to suspend Company's quarterly dividend starting with second quarter of 2016 given economic uncertainties evident within the Company's underlying businesses.  Full Article

Harsco Corporation says 15-year contract for onsite mill services at tangshan plate mill facility of China's Hebei Iron & Steel Group
Thursday, 4 Feb 2016 04:32pm EST 

Harsco Corporation:Says 15-year contract for onsite mill services at tangshan plate mill facility of China's Hebei Iron & Steel Group.Contract valued at approximately $125 million.  Full Article

BRIEF-Harsco lands contract expansion for steel mill services projected revenues of $50 million

* Harsco lands contract expansion for steel mill services; projected revenues of $50 million