Harsco Posts Q3 Loss On Impairment Charge - Quick Facts

(RTTNews) - Harsco Corp. (HSC) reported a third-quarter net loss attributable to stockholders of $233.66 million, compared to profit of $26.40 million, last year. Loss per share was $2.89, compared to profit of $0.33 per share, prior year. Excluding special items, adjusted earnings per share from continuing operations was $0.20 in the third quarter of 2013.

The company recorded long-lived asset impairment charge and transaction costs of $253.68 million, for the quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.21 for the quarter. Analysts' estimates typically exclude special items.

Revenues declined to $740 million, from $757 million, prior year. Analysts expected revenue of $731.50 million for the quarter.