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

Hudson Technologies

02/05/2024 06:23

* Hudson Technologies Inc  HDSN.OQ  reported quarterly
adjusted
earnings of 20 cents​​ per share for the quarter ended in
January, lower than the same quarter last year, when the company
reported EPS of 33 cents.  The mean expectation of four analysts
for the quarter was for earnings of 20 cents per share. Wall
Street expected results to range from 17 cents to 25 cents per
share.
    * Revenue fell 15.5% to $65.25 million from a year ago;
analysts
expected $63.34 million. 
    * Hudson Technologies Inc's reported EPS for the quarter was
20
cents​.
    * The company reported quarterly net income of $9.56
million.
    * Hudson Technologies Inc shares had fallen by 11.0% this
quarter and lost 27.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 35.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $13.38 
This summary was machine generated from LSEG data May 2 at 05:23
a.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
 Mar. 31 2024      0.20           0.20           Met
 Dec. 31 2023      0.08           0.08           Met
 Sep. 30 2023      0.31           0.34           Beat
 Jun. 30 2023      0.36           0.41           Beat