Harsco Q1 Earnings Up - Quick Facts

(RTTNews) - Harsco Corp. (HSC), a provider of industrial services and engineered products, Thursday reported a rise in net earnings for the first quarter despite lower revenues.

Net earnings rose to $11.14 million or $0.14 per share, from $7.24 million or $0.09 per share a year earlier.

Excluding certain items, earnings per share were $0.16 for the first quarter.

On average, four analysts polled by Thomson-Reuters estimated the company's earnings to be $0.10 for the quarter. Analysts' estimates typically exclude one-time items.

Total costs and expenses for the 3-month period declined to $480.36 million from $689.61 million a year ago.

Revenues, however, decreased to $512.69 million from $715.39 million in the same quarter last year. Analysts expected revenues of $490.93 million.