Horizon Global Corporation Reports 56 Percent Improvement in Adjusted EPS; Adjusted Operating Profit Improvement of 210 Basis Points in Third Quarter 2015

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Go back to Horizon Global Corporation Reports 56 Percent Improvement in Adjusted EPS; Adjusted Operating Profit Improvement of 210 Basis Points in Third Quarter 2015

Good Execution by Horizon Global (HZN) Drives Revenue Growth; Roth Capital Raises price Target to $13

November 12, 2015 7:24 AM EST

Roth Capital reiterated a Buy rating on Horizon Global Corp. (NYSE: HZN), and raised the price target to $13.00 (from $12.00), following the company's 3Q earnings report. HZN revenues were $153.3mn vs. consensus of $153.7mn. Adjusted EPS was $0.49 vs. consensus of $0.52. Good execution by management was... More

Horizon Global (HZN) Misses Q3 EPS by 2c, Offers Guidance

November 10, 2015 5:07 PM EST

Horizon Global (NYSE: HZN) reported Q3 EPS of $0.50, $0.02 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $153.34 million versus the consensus estimate of $153.74 million.

Guidance issued for the six months ended December 31, 2015:

Net sales guidance updated to between... More