03.05.2017 13:34:56

Harsco Corp. Updates 2017 Outlook - Quick Facts

(RTTNews) - Harsco Corp. (HSC) announced the company's 2017 outlook is improved to reflect revised forecasts for the Metals & Minerals and Industrial segments as compared with the guidance provided as part of the fourth quarter 2016 results. GAAP and adjusted earnings per share for the full year are currently expected in the range of $0.47 to $0.61; compared with guidance of $0.32 to $0.50 previously. Free cash flow is expected in the range of $70 million to $85 million, including capital expenditures of between $85 million and $95 million; compared with free cash flow guidance of $60 million to $80 million previously.

For the second-quarter, Harsco Corp. expects adjusted earnings per share in a range of $0.14 to $0.19.

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