HC2 Holdings, Inc. (NYSE:HCHC) is reporting second quarter financial results on Monday 10th August 2020, after market close.
According to analysts surveyed by Thomson Reuters, HCHC is expected to report 2Q20 loss of $ 0.39 per share from revenue of $ 419.90 million.
For the full year, analysts anticipate top line of $ 1686.60 million, while looking forward to loss of $ 2.91 per share bottom line.
Previous Quarter Performance
HC2 Holdings, Inc. disclosed loss for the first quarter of $ 0.85 per share, from the revenue of $ 444.80 million. The quarterly earnings while revenues compared with the same quarter last year.
The consensus estimates are $ 461.13 million in revenue The bottom line results street analysts by $ 0.1 or , at the same time, top line results fell short of analysts by $ 16.33 million or 3.54 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of HCHC was $ 2.88, representing a 123.26 % increase from the 52 week low of $ 1.29 and a 33.49 % decrease over the 52 week high of $ 4.33.
The company has a market capital of $ 134.07 million and is part of the Communication Services sector and Telecom Services industry.
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Conference Call
HC2 Holdings, Inc. will be hosting a conference call at 5:00 PM eastern time on 10th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.hc2.com
HC2 Holdings, Inc. provides construction, marine services, energy, telecommunications, insurance, life sciences, broadcasting, and other services in the United States, the United Kingdom, and internationally. The company models, details, fabricates, and erects structural steel for commercial and industrial, and infrastructure construction projects, including building and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, and power plants.
