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Horizon Global Announces Revised Expectations for 2017 Results

HORIZON GLOBAL CORP (HZN)  More Company Research Source: Business Wire
Last horizon global corp earnings: 10/31 06:30 am Check Earnings Report
PDF TROY, Mich.--(BUSINESS WIRE)-- Horizon Global Corporation (NYSE: HZN), the world’s leading manufacturer of branded towing and trailering equipment, today announced expectations for full-year 2017 results, which are revised from the Company’s previous guidance. For full-year 2017, Horizon Global expects: Revenue growth in the range of 37.2 to 37.6 percent, revised from prior guidance of 38 to 41 percent Operating profit in the range of $34.0 million to $36.0 million, revised from prior guidance of $38.2 million to $44.2 million Adjusted operating profit(1) in the range of $49.0 million to $51.6 million, revised from prior guidance of $53.0 million to $59.0 million Diluted loss per share in the range of $0.02 to $0.08, revised from earnings per share of $0.50 to $0.60 Adjusted diluted ear [Read more]

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