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

Hudson Technologies

01/11/2023 23:55

* Hudson Technologies Inc  HDSN.OQ  reported quarterly
adjusted
earnings of 34 cents​​ per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of 62 cents.  The mean expectation of
three analysts for the quarter was for earnings of 31 cents per
share. Wall Street expected results to range from 28 cents to 33
cents per share.
    * Revenue fell 14.5% to $76.50 million from a year ago;
analysts
expected $84.53 million. 
    * Hudson Technologies Inc's reported EPS for the quarter was
29
cents​.
    * The company reported quarterly net income of $13.58
million.
    * Hudson Technologies Inc shares had fallen by 3.2% this
quarter and gained 27.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 12.8%
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 3 "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 $14.00 
This summary was machine generated from LSEG data November 1 at
11:55 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.31           0.34           Beat
 Jun. 30 2023      0.36           0.41           Beat
 Mar. 31 2023      0.27           0.33           Beat
 Dec. 31 2022      0.07           0.11           Beat