Harsco: Here’s What Investors Need to Know Before Earnings

Harsco (NYSE:HSC) will report earnings before markets open on Thursday, May 9th. Harsco Corporation is an industrial services and engineered products company. The Company offers industrial mill services, gas control, and containment products, scaffolding services, and railway maintenance. Harsco is also involved in other lines of business including process equipment, industrial grating and bridge decking, pipe fittings, slag abrasives, and roofing granules.

Here is your Cheat Sheet to Harsco Earnings:

Earnings Expectations: Analysts expect earnings of $0.05 per share on revenues of $714.90 million.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.46 to a profit $0.4. For the current year, the average estimate is a profit of $1.27, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Harsco has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 3,968 2,991 3,039 3,303 3,046
Diluted EPS ($) 2.87 1.47 0.08 -0.14 -3.16

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 792.73 752.34 770.58 756.78 766.32
Diluted EPS ($) -1.145 -0.36 0.16 0.33 -3.277

Past Performance:
Harsco has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)