trending Market Intelligence /marketintelligence/en/news-insights/trending/2RNNxNKHbCQ9lc33uGjdDg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Horizon Global Q2 profit falls 36.0% YOY

COVID-19: How can we tell which Local Governments will be most impacted by the Pandemic?

Trade Payment Risk Is Not Necessarily Default Risk

China COVID-19 Trends In TV, Video

Fund Financing Through a Credit Lens Understanding the Basics of Alternative Investment Funds AIFs

Horizon Global Q2 profit falls 36.0% YOY

Horizon Global Corp. said its second-quarter normalized net income was 31 cents per share, compared with the S&P Capital IQ consensus estimate of 36 cents per share.

EPS declined 36.1% year over year from 49 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $5.7 million, a decline of 36.0% from $8.8 million in the prior-year period.

The normalized profit margin declined to 2.8% from 5.0% in the year-earlier period.

Total revenue fell 11.1% year over year to $158.5 million from $178.3 million, and total operating expenses decreased 8.9% year over year to $148.6 million from $163.2 million.

Reported net income declined 80.0% from the prior-year period to $2.2 million, or 12 cents per share, from $10.9 million, or 60 cents per share.