Harsco Corporation (HSC) Tops Q2 EPS by 1c, Lowers Guidance

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Go back to Harsco Corporation (HSC) Tops Q2 EPS by 1c, Lowers Guidance

Harsco Corporation Reports Second Quarter 2022 Results

August 2, 2022 7:00 AM EDT

Second Quarter Revenues from Continuing Operations Totaled $481 Million, An Increase of 3% Percent Over Prior-Year QuarterQ2 GAAP Operating Loss from Continuing Operations of $97 Million, Including a Non-Cash Goodwill Impairment Charge of $105 MillionAdjusted EBITDA in Q2 Totaled $49 MillionQ2 GAAP Loss Per Share of $1.34 and Q2 Adjusted Earnings Per Share of $0.01Profit Improvement Plan of $30+ Million (in Second Half) Implemented at Clean Earth to Strengthen Performance in Response to Extraordinary InflationFull Year 2022 Adjusted EBITDA Guidance Range of $210 Million to $220 Million; Free Cash Flow is Now Projected to be Between... More