BENSALEM, Pa., May 08, 2020 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith continues its investigation on behalf of Harsco Corporation (“Harsco” or the “Company”) (: HSC) investors concerning the Company and its officers’ possible violations of federal securities laws.
On January 23, 2020, after the market closed, Harsco announced preliminary fourth quarter 2019 financial results, expecting approximately $400 million revenue. The Company also expected adjusted operating income of approximately $31 million, below prior guidance in the range of $53 million to $58 million, citing “operational challenges following the consolidation of Rail’s North American manufacturing into a single facility in South Carolina,” among other things.
On this news, Harsco's stock price fell $3.64, or nearly 19%, to close at $15.80 per share on January 24, 2020, on unusually heavy trading volume.
If you purchased Harsco securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.
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Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
[email protected]
www.howardsmithlaw.com
