Harsco Corporation (HSC) Tops Q4 EPS by 7c; Guides Q1, FY16 EPS Below Views
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Harsco Corporation Reports Fourth Quarter 2015 Results
February 26, 2016 7:00 AM ESTQ4 Adjusted Operating Income Above Guidance; Each Operating Segment Contributed to Favorable Results Completed Successful Refinancing During Q4 That Increased and Extended Credit Agreement With Bank Consortium; Net Leverage Ratio Stood at 2.8x and Liquidity Totaled Approximately $220 Million at Year-End 2016 Adjusted Operating Income Anticipated Between $80 Million and $100 Million as Market Headwinds Are Likely to Persist Through Year; Free Cash Flow Expected to Increase to Between $50 Million and $70 Million Harsco Suspends Quarterly Dividend to Preserve Financial Flexibility
CAMP HILL, Pa., Feb. 26, 2016 (GLOBE... More
