HARSCO FIRST QUARTER 2020 RESULTS ABOVE GUIDANCE RANGE
Harsco Corporation (HSC)
Last harsco corporation earnings: 2/21 07:00 am
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US:NYSE Investor Relations:
harsco.com/investor-relations/index.aspx
Company Research
Source: GlobeNewswire
CAMP HILL, Pa., April 07, 2020 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE: HSC) today announced that its adjusted EBITDA in the first quarter, which is subject to change based on the completion of the Company’s normal quarter-end review process, is expected to be above the high-end of its earlier guidance range of $43 to $48 million, despite business disruption late in the quarter from COVID-19 (refer to press release titled Harsco Corporation Reports Fourth Quarter and Full-Year 2019 Results dated February 21, 2020 for a relevant non-GAAP EBITDA reconciliation). Strong results at Clean Earth and Rail along with lower Corporate spending led to the positive first quarter performance. Harsco also today announced that it is currently operating as an essential business in each of its segments in the United States and almost entirely around the world and that internal actions are underway in response to current and anticipated impacts of the COVID-19 pandemic. “As we confront COVID-1
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