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Harsco: Q1 Earnings Snapshot

May 4, 2021 GMT

CAMP HILL, Pa. (AP) _ Harsco Corp. (HSC) on Tuesday reported first-quarter net income of $135,000.

On a per-share basis, the Camp Hill, Pennsylvania-based company said it had net income of less than 1 cent. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were 15 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.

The industrial services company posted revenue of $528.9 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $524.8 million.

Harsco shares have climbed nearly 5% since the beginning of the year. The stock has more than doubled in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HSC at https://www.zacks.com/ap/HSC