Harsco Corporation (HSC) Misses Q3 EPS by 5c, Offers Guidance
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Harsco Corporation Reports Third Quarter 2021 Results and Announces Plans to Explore Strategic Alternatives for Rail Business
November 2, 2021 7:00 AM EDTThird Quarter Revenues Totaled $544 Million, an Increase of 7 Percent from the Prior Year QuarterQ3 GAAP Operating Income of $30 Million and Adjusted Q3 EBITDA Totaled $72 Million, an Increase of 22 Percent from the Prior Year QuarterIntends to Explore Strategic Alternatives for Rail Business, Continuing the Company's Transformation to a Pure-Play Environmental Solutions Provider; Rail Business to be Reported as Discontinued Operations Beginning in the Fourth Quarter of 2021 Q4 2021 Adjusted EBITDA Guidance Range for Continuing Operations of $55 Million to $62 Million; Range Also Includes Additional Corporate Costs ($1 Million Per Quarter) Previously... More
