Harsco Corp. (HSC) Misses Q2 EPS by 2c; Slashes Outlook

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Harsco Corporation Reports Second Quarter 2015 Results

August 5, 2015 7:00 AM EDT

Q2 Operating Income Above Guidance; Strong Rail Performance and Lower Corporate Spending Contributed to Positive Results Initial Project Orion Initiatives Nearing Completion; 90 percent of Organizational Changes Complete and 56 percent of Underperforming Sites Now Finalized; Exploring Additional Cost Reduction and Business Enhancement Initiatives to Strengthen M&M Business 2015 Operating Income Outlook Reduced to Range of $120 Million to $135 Million Mainly due to External Changes in Commodity Demand; Free Cash Flow Expected to be Between $60 Million to $80 Million

CAMP HILL, Pa., Aug. 5, 2015 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE:... More