| Horsehead reports 2Q loss | |
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PITTSBURGH (AP) _ Horsehead Holding Corp. (ZINC) on Friday reported a loss of $3.6 million in its second quarter.
On a per-share basis, the Pittsburgh-based company said it had a loss of 6 cents. Losses, adjusted for non-recurring gains, were 22 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.
The zinc producer posted revenue of $122.8 million in the period.
Horsehead shares have dropped 45 percent since the beginning of the year. The stock has dropped 56 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZINC at http://www.zacks.com/ap/ZINC
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Keywords: Horsehead Holding, Earnings Report
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Horsehead Holding Corp.
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CODE : ZINC |
ISIN : US4406943054 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Horsehead Holding is a zinc producing company based in United states of america. Horsehead Holding is listed in United States of America. Its market capitalisation is US$ 165.3 millions as of today (€ 146.5 millions). Its stock quote reached its highest recent level on September 28, 2012 at US$ 9.98, and its lowest recent point on February 05, 2016 at US$ 0.06. Horsehead Holding has 2 147 080 064 shares outstanding. |