Hudson Technologies Inc reports results for the quarter ended in December - Earnings Summary

Hudson Technologies

06/03/2024 22:55

* Hudson Technologies Inc  HDSN.OQ  reported quarterly
adjusted
earnings of 8 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 11 cents.  The mean expectation of
four analysts for the quarter was for earnings of 8 cents per
share. Wall Street expected results to range from 5 cents to 11
cents per share.
    * Revenue fell 5.5% to $44.86 million from a year ago;
analysts
expected $40.28 million. 
    * Hudson Technologies Inc's reported EPS for the quarter was
8
cents​.
    * The company reported quarterly net income of $3.95
million.
    * Hudson Technologies Inc shares had risen by 4.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the electrical
components & equipment peer group is also "buy"

Wall Street's median 12-month price target for Hudson
Technologies Inc is $16.00 
This summary was machine generated from LSEG data March 6 at
10:55 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.08           0.08           Met
 Sep. 30 2023      0.31           0.34           Beat
 Jun. 30 2023      0.36           0.41           Beat
 Mar. 31 2023      0.27           0.33           Beat