Harsco Increased Its FY23 Guidance, Sees Adjusted EBITDA Of $260M-$275M, From $240M- $260M; Sees Adjusted EPS Of $(0.12) - $(0.33) (Prior $(0.23) - $(0.52)) Vs. $(0.36) Estimate; Free Cash Flow Of $25M-$45M (Prior $20M - $40M)
2023 Full Year Outlook (Continuing Operations) |
Current | Prior |
GAAP Operating Income/(Loss) | $101 - $116 million | $74 - $94 million |
Adjusted EBITDA | $260 - $275 million | $240 - $260 million |
GAAP Diluted Earnings/(Loss) Per Share from Continuing Operations | $(0.33) - $(0.54) | $(0.50) - $(0.80) |
Adjusted Diluted Earnings/(Loss) Per Share from Continuing Operations | $(0.12) - $(0.33) | $(0.23) - $(0.52) |
Free Cash Flow | $25 - $45 million | $20 - $40 million |
Net Interest Expense | $92 - $95 million | $91 - $95 million |
Account Receivable Securitization Fees | $10 million | $9 - $10 million |
Pension Expense (Non-Operating) | $20 - $22 million | $20 - $22 million |
Tax Expense, Excluding Any Unusual Items | $12 - $15 million | $8 - $11 million |
Net Capital Expenditures | $125 - $135 million | $125 - $135 million |