Horsehead Holding (ZINC) Misses Q3 EPS by 12c

Go back to Horsehead Holding (ZINC) Misses Q3 EPS by 12c

Horsehead Holding Corp. Reports Third Quarter 2015 Results

November 9, 2015 8:30 AM EST

PITTSBURGH--(BUSINESS WIRE)-- Horsehead Holding Corp. (Nasdaq:ZINC) reported a consolidated net loss of $27.4 million, or $(0.48) per diluted share, for the third quarter of 2015 compared to a consolidated net loss of $7.0 million, or $(0.14) per diluted share, for the third quarter of 2014. Results for the quarter, adjusted to exclude unfavorable non-cash adjustments associated with hedges, was a consolidated net loss of $25.5 million, or $(0.45) per diluted share, compared to a consolidated net loss on the same basis of $7.5 million for the third quarter of 2014, or $(0.15) per diluted share.

The quarter was adversely affected by a sharp... More