Hudson Technologies Q4 EPS $0.08, Inline, Sales $44.86M Beat $40.28M Estimate
Portfolio Pulse from Happy Mohamed
Hudson Technologies (NASDAQ:HDSN) reported Q4 earnings of $0.08 per share, meeting analyst estimates, and sales of $44.86M, exceeding the $40.28M estimate. This represents a 27.27% decrease in earnings and a 5.45% decrease in sales from the same period last year.
March 06, 2024 | 9:08 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Hudson Technologies reported Q4 earnings of $0.08 per share, in line with estimates, and sales of $44.86M, surpassing expectations. Year-over-year, earnings decreased by 27.27% and sales by 5.45%.
While Hudson Technologies met earnings estimates and exceeded revenue forecasts for Q4, the year-over-year decrease in both earnings and sales could temper investor enthusiasm. The company's performance indicates stability in meeting expectations, but the decline compared to the previous year's figures might lead to a neutral short-term impact on the stock price. The exact movement will depend on market perception of the company's ability to manage these decreases while still outperforming estimates.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100