Hudson Technologies Inc reports results for the quarter ended in September 30 - Earnings Summary

Hudson Technologies

05/11/2024 07:47

* Hudson Technologies Inc  HDSN.OQ  reported quarterly
adjusted
earnings of 17 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 34 cents.  The mean expectation of four analysts
for the quarter was for earnings of 16 cents per share. Wall
Street expected results to range from 14 cents to 17 cents per
share.
    * Revenue fell 19% to $61.94 million from a year ago;
analysts
expected $66.11 million. 
    * Hudson Technologies Inc's reported EPS for the quarter was
17
cents​.
    * The company reported quarterly net income of $7.81
million.
    * Hudson Technologies Inc shares had fallen by 9.0% this
quarter and lost 43.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 26.4%
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 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the electrical
components & equipment peer group is  "hold."

Wall Street's median 12-month price target for Hudson
Technologies Inc is $9.38 
This summary was machine generated from LSEG data November 5 at
07:47 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
 Sep. 30 2024      0.16           0.17           Beat
 Jan. 1 0001       0.25           0.20           Missed
 Mar. 31 2024      0.20           0.20           Met
 Dec. 31 2023      0.08           0.08           Met