Hudson Global Q2 Adj $0.04 Beats $(0.07) Estimate, Sales $35.71 Miss $35.02M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hudson Global (NASDAQ:HSON) reported Q2 earnings of $0.04 per share, beating the analyst estimate of $(0.07) by 157.14%. However, sales of $35.71 million missed the $35.02 million estimate and decreased from $44.90 million last year.
August 08, 2024 | 12:34 pm
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Hudson Global reported Q2 earnings of $0.04 per share, beating the $(0.07) estimate, but sales of $35.71 million missed the $35.02 million estimate. Earnings decreased by 88.89% from last year, and sales decreased by 100% from $44.90 million last year.
While Hudson Global's earnings per share beat expectations significantly, the miss on sales and the year-over-year decrease in both earnings and sales may neutralize the positive impact. Investors may have mixed reactions, leading to a neutral short-term price impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100