Harsco (NYSE: HSC ) is expected to report Q2 earnings on July 31. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Harsco's revenues will compress -6.6% and EPS will compress -25.5%.
The average estimate for revenue is $817.1 million. On the bottom line, the average EPS estimate is $0.35.
Last quarter, Harsco reported revenue of $752.3 million. GAAP reported sales were 3.4% lower than the prior-year quarter's $779.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.07. GAAP EPS were -$0.37 for Q1 versus $0.14 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 21.1%, 50 basis points worse than the prior-year quarter. Operating margin was 3.5%, 20 basis points worse than the prior-year quarter. Net margin was -3.9%, 540 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $3.20 billion. The average EPS estimate is $1.33.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 277 members out of 287 rating the stock outperform, and 10 members rating it underperform. Among 65 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 63 give Harsco a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Harsco is outperform, with an average price target of $28.60.
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