UPDATE 1-Harsco sees 2011 EPS below Wall Street view

* To take $85-$90 mln restructuring charge in Q4

* Sees 2011 EPS from cont. ops $1.25-$1.35 vs est. $1.37

Dec 10 (BestGrowthStock) – Harsco Corp (HSC.N: ), which provides
products and services to metals producers, forecast 2011
earnings below market view and said it would take a charge in
the fourth quarter related to the restructuring of its
infrastructure business.

The company, which competes with ThermoGenesis Corp
(KOOL.O: ), SPX Corp (SPW.N: ) and Semitool Inc forecast 2011
earnings from continuing operations at $1.25-$1.35 per share.

Analysts on average were expecting earnings of $1.37 per
share according to Thomson Reuters I/B/E/S.

Harsco said it would take a $85-$90 million restructuring
charge in the fourth quarter.

Shares of the Harrisburg, Pennsylvania-based company closed
at $26.67 on Thursday on the New York Stock Exchange.

(Reporting by Divya Sharma in Bangalore; Editing by Joyjeet
Das)

UPDATE 1-Harsco sees 2011 EPS below Wall Street view