Investor Alert: Kaplan Fox Investigates Harsco Corporation
NEW YORK, Jan. 24, 2020 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Harsco Corporation ("Harsco or the "Company") (NYSE: HSC). Investors who purchased Harsco common stock may be affected.
On January 23, 2020, after the market closed, Harsco announced preliminary financial results for the fourth quarter of 2019 that significantly missed its prior guidance. The Company currently expects fourth quarter adjusted operating income to be approximately $31 million compared with the Company's previous guidance for the quarter of between $53 million and $58 million. The variance was driven by results in Harsco's Environmental and Rail segments, including "customer shipment delays [in the Rail segment] that pushed deliveries beyond year-end and operational challenges following the consolidation of Rail's North American manufacturing into a single facility in South Carolina."
Following this news, Harsco's shares fell by $3.44, over 17%, in midday trading on January 24, 2020.
If you purchased Harsco securities and would like to discuss our investigation, please contact us by emailing [email protected] or by calling 800-290-1952.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com. If you have any questions about this investigation, your rights, or your interests, please contact:
Donald R. Hall
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: [email protected]
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4700
Fax: (415) 772-4707
E-mail: [email protected]
SOURCE Kaplan Fox & Kilsheimer LLP
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