Harsco Tops Estimates by a Penny

01/30/01 - 12:56 PM EST

Yi Ping Ho

Earnings Scorecard
Actual Estimated* Year-Ago
$0.65 $0.64 $0.65

Harsco(HSC Quote - Cramer on HSC - Stock Picks), an industrial services and products company, reported fourth-quarter earnings that exceeded analysts' expectations by a penny, but warned of flat to slightly lower earnings in the upcoming quarter.

The Camp Hill, Pa., company reported fourth-quarter earnings of $26.1 million, or 65 cents a share. According to a poll by First Call/Thomson Financial, four analysts expected earnings of 64 cents a share for the quarter. Harsco also earned 65 cents in the year-ago period.

Revenue rose to $539.4 million from $467.1 million last year.

Shares of Harsco recently lost 4 cents, or 0.2%, to $25.60 in trading on the New York Stock Exchange.

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