Harsco (NYSE: HSC ) reported earnings on Feb. 14. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Harsco beat expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue contracted and GAAP loss per share grew.
Gross margins expanded, operating margins dropped, net margins contracted.
Harsco logged revenue of $766.3 million. The seven analysts polled by S&P Capital IQ predicted a top line of $742.6 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.30. The seven earnings estimates compiled by S&P Capital IQ predicted $0.31 per share. GAAP EPS were -$3.28 for Q4 compared to -$1.15 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 quarter, gross margin was 22.9%, 130 basis points better than the prior-year quarter. Operating margin was 2.3%, 300 basis points worse than the prior-year quarter. Net margin was -34.5%, 2,280 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $740.1 million. On the bottom line, the average EPS estimate is $0.23.
Next year's average estimate for revenue is $3.11 billion. The average EPS estimate is $1.55.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 275 members out of 285 rating the stock outperform, and 10 members rating it underperform. Among 68 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 67 give Harsco a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Harsco is hold, with an average price target of $24.80.
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