CAMP HILL, Pa. (AP) _ Harsco Corp. (HSC) on Wednesday reported a second-quarter loss of $10.6 million, after reporting a profit in the same period a year earlier.
The Camp Hill, Pennsylvania-based company said it had a loss of 13 cents per share. Earnings, adjusted for one-time gains and costs, were 13 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The industrial services company posted revenue of $447.3 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $450.9 million.
Harsco shares have decreased 28% since the beginning of the year. The stock has decreased 18% 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
The Associated Press
