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0 0.00493150684931506 -0.00164383561643822 -0.00163287671232866 0.0082191780821919 0.0027397260273973 -0.00164383561643822 -0.00164383561643822
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Why Horizon Global Corp's Shares Plunged 29% Today [The Motley Fool]

HORIZON GLOBAL CORP (HZN)  More Company Research Source: The Motley Fool
Last horizon global corp earnings: 5/3 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.horizonglobal.com
PDF Reducing guidance didn't leave investors happy today. Travis Hoium ( TMFFlushDraw ) Jan 25, 2018 at 1:55PM What happened  Shares of branded towing and trailer company Horizon Global Corp ( NYSE:HZN ) plunged as much as 29.2% in trading Thursday after lowering its full-year 2017 guidance. At 12:50 p.m. EST shares were still down 27.1% on the day. So what Revenue is now expected to grow between 37.2% and 37.6% in full-year 2017 versus previous guidance of 38% to 41%. Operating profit guidance is now expected to be $34 million to $36 million, well lower than a previous range of $38.2 million to $44.2 million. Image source: Getty Images. Where guidance got really bad was on the bottom line. Diluted loss per share is expected to be $0.02 to $0.08 versus a previously expected profit per share of $0.50 to $0.60. Some of the negative impact [Read more]

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