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Horizon Global Corp (HZN.N)

HZN.N on New York Stock Exchange

14.28USD
22 Nov 2017
Change (% chg)

$-0.02 (-0.14%)
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$14.30
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Latest Key Developments (Source: Significant Developments)

Horizon Global Q3 adjusted earnings per share $0.38
Tuesday, 31 Oct 2017 06:30am EDT 

Oct 31 (Reuters) - Horizon Global Corp :Horizon Global reports financial results for third quarter 2017 and reaffirms full-year 2017 earnings per share guidance.Reaffirms FY 2017 earnings per share view $0.50 to $0.60.Q3 adjusted earnings per share $0.38.Q3 earnings per share $0.27.Q3 earnings per share view $0.38 -- Thomson Reuters I/B/E/S.Horizon Global Corp - qtrly ‍net sales increased from $151.7 million to $240.1 million, up 58.3%​.Horizon Global Corp - sees ‍FY 2017 revenue growth of 38 percent to 41 percent​.Q3 revenue view $228.4 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $1.09, revenue view $873.0 million -- Thomson Reuters I/B/E/S.Horizon Global Corp - ‍for full-year 2017, company expects operating cash flow between $40.0 million and $50.0 million​.Horizon Global Corp - sees ‍FY 2017 adjusted diluted EPS between $1.04 and $1.14​.Horizon Global - ‍"as we look toward 2018, we believe momentum from our revenue and margin initiatives supports double-digit earnings per share growth"​.  Full Article

Horizon Global Q2 adjusted earnings per share $0.84
Tuesday, 1 Aug 2017 06:30am EDT 

Aug 1 (Reuters) - Horizon Global Corp :Horizon Global beats second quarter 2017 revenue and earnings per share guidance; raises full-year 2017 earnings per share guidance.Q2 adjusted earnings per share $0.84.Q2 earnings per share $0.79.Q2 earnings per share view $0.67 -- Thomson Reuters I/B/E/S.Full-Year 2017 earnings per share guidance increased.Diluted earnings per share guidance increased to between $0.54 and $0.64 for FY 2017.Sees Q3 adjusted diluted earnings per share guidance between $0.35 and $0.40.Sees diluted earnings per share guidance between $0.24 and $0.29 for Q3 2017.Sees adjusted diluted earnings per share between $0.35 and $0.40 for Q3 2017.For Q3 2017, company expects revenues between $225 million to $235 million.Full-Year 2017 revenue growth guidance unchanged.Full-Year 2017 operating cash flow guidance unchanged.FY2017 earnings per share view $0.98, revenue view $858.3 million -- Thomson Reuters I/B/E/S.Q3 earnings per share view $0.44, revenue view $221.8 million -- Thomson Reuters I/B/E/S.Qtrly net sales increased from $167.8 million to $253.6 million.Q2 revenue view $240.2 million -- Thomson Reuters I/B/E/S.  Full Article

Horizon Global Corp reports Q1 loss per share $0.41
Wednesday, 3 May 2017 05:00pm EDT 

May 3 (Reuters) - Horizon Global Corp :Horizon Global reports financial results for the first quarter 2017; raises full-year 2017 earnings per share guidance and announces share repurchase program.Sees FY 2017 earnings per share $0.50 to $0.60.Sees Q2 2017 earnings per share $0.61 to $0.66.Sees Q2 2017 revenue $235 million to $245 million.Q1 adjusted loss per share $0.17.Q1 loss per share $0.41.Q1 earnings per share view $0.09 -- Thomson Reuters I/B/E/S.Horizon Global Corp - Westfalia integration and synergies on track.Horizon Global Corp sees first half 2017 diluted earnings per share between $0.23 and $0.28.Horizon Global Corp sees first half 2017 adjusted diluted earnings per share between $0.52 and $0.57.Horizon Global Corp sees full-year 2017 adjusted diluted earnings per share between $0.94 and $1.04.Horizon Global Corp - for full-year 2017, company expects revenue growth of 30 to 35 percent.FY2017 earnings per share view $0.93, revenue view $859.3 million -- Thomson Reuters I/B/E/S.Q2 earnings per share view $0.48, revenue view $242.1 million -- Thomson Reuters I/B/E/S.Horizon Global Corp qtrly net sales $203.3 million versus $146.1 million.  Full Article

Horizon Global says entered into 2017 replacement term loan amendment to amend term loan credit agreement, dated as of june 30, 2015
Thursday, 6 Apr 2017 04:36pm EDT 

Horizon Global Corp : Horizon Global - on March 31, entered into 2017 replacement term loan amendment to amend term loan credit agreement, dated as of June 30, 2015 . Horizon Global - amendment provides for replacement term loan facility, in aggregate principal amount of $160 million to replace prior term loan facility .Horizon Global - proceeds of replacement term loan facility used to repay amount of term loans outstanding immediately prior to effectiveness of amendment.  Full Article

Horizon Global sees FY 2017 earnings per share $0.46 to $0.56
Thursday, 9 Mar 2017 06:30am EST 

Horizon Global Corp : Horizon Global reports financial results for the fourth quarter and full year 2016, highlighted by the transformational acquisition of Westfalia . Sees FY 2017 earnings per share $0.46 to $0.56 . Horizon Global Corp-Sees 2017 revenue growth of 30 to 35 percent . Horizon Global Corp-Sees 2017 adjusted diluted earnings per share between $0.90 and $1.00 . FY2017 earnings per share view $1.38, revenue view $842.7 million -- Thomson Reuters I/B/E/S . Horizon Global Corp qtrly net sales $183.6 million versus $121.3 million . Horizon Global Corp- "Remain focused on integration of westfalia business, with a continued expectation of realizing EUR9 million of synergies in 2017." . Horizon Global Corp - Qtrly net loss per diluted share $ 1.07 .Q4 revenue view $169.2 million -- Thomson Reuters I/B/E/S.  Full Article

Horizon Global Corp enters amendment to loan agreement for incremental revolving facility
Tuesday, 11 Oct 2016 04:54pm EDT 

Horizon Global Corp : Horizon Global-entered into waiver,first amendment to amended, restated loan agreement to amend agreement dated December 22, 2015 - SEC filing .Horizon Global Corp - amendment provide for an incremental revolving facility in an aggregate principal amount of $25 million -SEC filing.  Full Article

Horizon Global to acquire the outstanding equity interests of Westfalia Group
Thursday, 25 Aug 2016 08:54am EDT 

Horizon Global Corp : Horizon Global says will acquire the outstanding equity interests of the Westfalia Group for consideration of approximately €167 million - SEC Filing . Up fee of approximately €3.5 million .Intends to fund cash payment, as well as repayment of certain of Westfalia Group’S debt, through an expansion of existing term loan.  Full Article

Horizon Global announces agreement to acquire Westfalia-Automotive and Terwa
Thursday, 25 Aug 2016 06:00am EDT 

Horizon Global Corp : Horizon Global announces agreement to acquire Westfalia-Automotive and Terwa . Intends to fund acquisition, comprised of approximately EUR89 million cash and assumed net debt of EUR42 million . In addition, EUR36 million in Horizon Global common stock will be issued to sellers. .Acquisition will be accretive in 2017 and will provide significant earnings per share accretion in future years.  Full Article

Horizon Global Q2 earnings per share view $0.39 -- Thomson Reuters I/B/E/S
Monday, 8 Aug 2016 05:48pm EDT 

Horizon Global Corp : Horizon Global delivers profit improvement for fourth consecutive quarter . Q2 earnings per share $0.40 . Q2 earnings per share view $0.39 -- Thomson Reuters I/B/E/S . Q2 adjusted earnings per share $0.64 . Q2 sales $167.8 million versus I/B/E/S view $166.5 million . "softening consumer confidence in north america along with signs of inflation has resulted in uncertain global order patterns" . Guidance issued for year ended december 31, 2016 remains same as issued on March 1, 2016 . Consolidation of facilities in Mexico is complete and integration of horizon north america businesses is on track .Q2 earnings per share view $0.39 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Horizon Global appoints Jay Goldbaum as general counsel

* Horizon Global appoints Jay Goldbaum as general counsel Source text for Eikon: Further company coverage: