Earnings Preview: Hudson Technologies
Portfolio Pulse from Benzinga Insights
Hudson Technologies (NASDAQ:HDSN) is scheduled to release its quarterly earnings report on March 6, 2024, with an estimated EPS of $0.08. The company's past earnings performance shows mixed results, with a notable miss last quarter leading to a 2.84% drop in share price. Shares are currently trading at $14.27, reflecting a 51.27% increase over the last 52 weeks. Investors are advised to watch for the company's guidance for the next quarter, which could significantly impact the stock price.
March 05, 2024 | 3:05 pm
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Hudson Technologies is expected to report an EPS of $0.08 for the upcoming quarter. Past earnings show mixed results, with a significant share price drop after last quarter's miss. Shares have risen 51.27% over the last year, indicating strong long-term performance.
The estimated EPS of $0.08 sets a cautious expectation for Hudson Technologies' upcoming earnings report. Given the company's history of mixed earnings performance and the significant impact of guidance on stock price, the short-term impact on HDSN's stock is uncertain. The 51.27% year-over-year increase in share price reflects strong long-term performance, but the recent drop after last quarter's miss suggests sensitivity to earnings outcomes. The focus on future guidance as a key driver for stock movement makes the short-term impact difficult to predict without knowing the company's forecast.
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