Harsco Q4 Profit Beats Estimates - Quick Facts

(RTTNews) - Harsco Corp. (HSC) reported that its fourth-quarter net loss attributable to company narrowed to $25.33 million from a loss of $264.36 million, prior year. Loss per share was $0.31, compared to a loss of $3.28 per share. The company recorded a goodwill impairment charge of $265.04 million, in its prior year quarter.

Earnings per share from continuing operations, excluding special items, was $0.22 for the quarter. Excluding special items and results from the company's Infrastructure segment that was divested during the quarter, adjusted earnings per share from continuing operations in the fourth quarter of 2013 were $0.25.

On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.20 for the quarter. Analysts' estimates typically exclude special items.

Total revenues were $681.34 million, compared to $766.32 million, prior year. Analysts expected revenue of $618.90 million for the quarter.