Financial Data and Key Metrics Changes - Second quarter revenues were $45 million, down by 5.7% compared to $47.8 million for the same quarter in 2023 [23] - Operating income in Q2 2024 was $1.4 million compared to $1.7 million in Q2 2023, with adjusted operating income at $2.5 million versus $3.4 million [24] - The second quarter of 2024 had an EBITDA of $2.4 million compared to $2.7 million in the same period in 2023 [25] - A pension charge of $38.2 million was recorded, resulting in a net loss of $27.8 million for the quarter, while without this charge, the company would have had a net income of $300,000 [27] Business Line Data and Key Metrics Changes - Customer Care segment revenues were $12.4 million in Q2 2024, down from $14.9 million in the same quarter prior year [23] - Sales Services increased to $4.4 million compared to $2.3 million in Q2 2023, driven by a large fintech client [23] - Marketing Services segment revenues fell to $7.7 million in Q2 2024 from $10.9 million in the prior year due to customer budget reductions [24] - Fulfillment & Logistics revenues increased to $20.5 million in Q2 2024 from $19.6 million in the prior year, attributed to new and expanded programs with existing customers [24] Market Data and Key Metrics Changes - The company is focusing on expanding partnerships and enhancing its international sales presence, particularly in Europe, which is seen as a growth driver for 2025 [39][42] - The sales pipeline is reported to be growing and is well ahead of the previous year, indicating a healthy indicator for revenue improvement [10] Company Strategy and Development Direction - The company is undergoing a transformation with a focus on revitalizing its sales and marketing organization, including the centralization of sales staff and the introduction of new leadership [6][12] - Project Elevate aims to lower operating costs while improving workflows and resource allocation, with a comprehensive two-year roadmap developed [13] - Strategic investments are being made in the Fulfillment segment, including a migration to a best-in-class warehouse and order technology suite [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in overcoming challenges posed by an outdated approach to scaling and is optimistic about the potential for organic growth despite economic concerns [35] - The company is positioned well for the second half of the year, particularly in the fulfillment business, with good visibility into upcoming projects [36] Other Important Information - The company has successfully terminated Pension Plan I, which relieved it of related liabilities [28] - The appointment of a Chief Customer and Data Officer is expected to enhance customer-centric initiatives and drive growth through data and analytics [20][22] Q&A Session Summary Question: When will the new sales structure start generating revenue? - Management indicated that the sales pipeline is strong and improvements in conversion rates are expected as the year progresses [31] Question: How will the company fare in a weakening economy? - Management acknowledged the potential impact of a slowing economy but emphasized the untapped potential and confidence in organic growth opportunities [34] Question: Will there be sequential quarterly improvement in revenues? - Management stated it is too early to predict specific revenue growth for Q3 or Q4 but expressed optimism for a stronger outlook in Q4 [37] Question: What is the strategy for the Marketing Services segment? - Management acknowledged past weaknesses but expressed optimism for recovery and plans to bolster sales support in 2025 [39] Question: What are the international expansion plans? - Management highlighted opportunities to expand U.S.-based clients into Europe and emphasized the potential for growth in that market [42]

分组1 - Harte-Hanks reported quarterly earnings of $0.32 per share, significantly exceeding the Zacks Consensus Estimate of $0.06 per share, representing an earnings surprise of 433.33% [1] - The company posted revenues of $45.04 million for the quarter ended June 2024, which was 3.36% below the Zacks Consensus Estimate and a decrease from $47.76 million year-over-year [2] - Harte-Hanks shares have increased approximately 20.5% since the beginning of the year, outperforming the S&P 500's gain of 9% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.23 on revenues of $49.5 million, and for the current fiscal year, it is $0.58 on revenues of $194.27 million [7] - The Advertising and Marketing industry, to which Harte-Hanks belongs, is currently ranked in the top 43% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Harte Hanks (HHS) is scheduled to release its second-quarter 2024 results on Aug 8, after market close. HHS delivered an earnings surprise of 300% in the first quarter of 2024. Q2 Expectations The Zacks Consensus Estimate for the company's revenues is pegged at $46.6 million, indicating a 2.4% decrease from the year-ago quarter's actual. The top line is likely to have declined due to a fall in revenues in the Marketing Service, and Fulfillment and Logistics segments. We expect revenues from the Customer Car ...

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Harte-Hanks due to lower revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Harte-Hanks is expected to report quarterly earnings of $0.06 per share, reflecting a 25% decrease year-over-year, with revenues projected at $46.6 million, down 2.4% from the previous year [3]. - The consensus EPS estimate has been revised down by 11.77% over the last 30 days, indicating a bearish sentiment among analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Harte-Hanks is lower than the consensus estimate, resulting in an Earnings ESP of -16.67%, complicating predictions for an earnings beat [10]. - A positive Earnings ESP is generally a strong indicator of an earnings beat, especially when combined with a favorable Zacks Rank [8]. Historical Performance - In the last reported quarter, Harte-Hanks surprised analysts by posting earnings of $0.10 per share against an expected loss of $0.05, achieving a surprise of +300% [11]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [12]. Conclusion - Harte-Hanks does not currently appear to be a strong candidate for an earnings beat, and investors should consider additional factors when making investment decisions ahead of the earnings release [15].

Company Performance - Harte-Hanks (HHS) closed at $8.44, with a slight increase of +0.24% compared to the previous day, underperforming the S&P 500 which gained 1.08% [1] - The stock has decreased by 2.66% over the past month, compared to a loss of 0.69% in the Business Services sector and a loss of 0.44% in the S&P 500 [1] Upcoming Earnings - Harte-Hanks is set to release its earnings report on August 8, 2024, with an expected earnings per share (EPS) of $0.06, reflecting a year-over-year decline of 25% [2] - The consensus estimate for quarterly revenue is projected at $46.6 million, down 2.43% from the same period last year [2] Full Year Projections - For the full year, the Zacks Consensus Estimates predict earnings of $0.58 per share and revenue of $194.27 million, indicating increases of +41.46% and +1.45% respectively from the previous year [3] Analyst Estimates - Recent adjustments to analyst estimates for Harte-Hanks are significant, as they reflect changes in short-term business dynamics, with upward revisions indicating analyst confidence in the company's operations [4] - The Zacks Rank system, which incorporates these estimate changes, currently ranks Harte-Hanks at 3 (Hold) [6] Valuation Metrics - Harte-Hanks has a Forward P/E ratio of 14.64, which is higher than the industry average of 13.51, indicating that the stock is trading at a premium [7] - The company has a PEG ratio of 1.22, compared to the Advertising and Marketing industry's average PEG ratio of 2.09, suggesting a more favorable valuation relative to growth expectations [8] Industry Context - The Advertising and Marketing industry, part of the Business Services sector, holds a Zacks Industry Rank of 158, placing it in the bottom 38% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the importance of industry ranking in investment decisions [9]

Core Viewpoint - Harte-Hanks is expected to report a decline in earnings and revenue in its upcoming financial results, with analysts showing mixed confidence in the company's performance [2][4]. Financial Performance - Harte-Hanks plans to announce its earnings on August 8, 2024, with a predicted EPS of $0.06, indicating a 25% decline compared to the same quarter last year [2]. - The Zacks Consensus Estimate for revenue is projecting net sales of $46.6 million, down 2.43% from the year-ago period [2]. - For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.58 per share and revenue of $194.27 million, signifying shifts of +41.46% and +1.45%, respectively, from the last year [8]. Analyst Sentiment - Recent revisions to analyst forecasts for Harte-Hanks are crucial, as positive revisions indicate analysts' confidence in the company's business performance and profit potential [3]. - Over the past month, there has been a 15.44% fall in the Zacks Consensus EPS estimate, and Harte-Hanks currently features a Zacks Rank of 3 (Hold) [4]. Valuation Metrics - Harte-Hanks has a PEG ratio of 1.23, compared to the average PEG ratio for the Advertising and Marketing industry, which stood at 2.05 [5]. - The company has a Forward P/E ratio of 14.75, indicating it is trading at a premium compared to its industry average Forward P/E of 13.38 [10]. Industry Context - The Advertising and Marketing industry is part of the Business Services sector and currently has a Zacks Industry Rank of 176, placing it in the bottom 31% of all 250+ industries [11].

Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits. One company to watch right now is Harte Hanks (HHS) . HHS is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with a P/E ratio of 8.03, which comp ...

Core Viewpoint - Harte-Hanks (HHS) has reached a significant support level and shows potential for investors from a technical perspective, with a recent breakthrough of the 20-day moving average indicating a short-term bullish trend [1][2] Technical Analysis - HHS broke through the 20-day moving average, which is a popular trading tool that reflects a stock's price over a 20-day period, smoothing out short-term price trends and providing trend reversal signals [1] - A stock price above the 20-day moving average indicates a positive trend, while a price below suggests a downward trend [1] Performance Metrics - Shares of HHS have increased by 7.4% over the past four weeks [2] - HHS is currently rated as a Zacks Rank 1 (Strong Buy), indicating potential for continued price appreciation [2] Earnings Estimates - There have been positive earnings estimate revisions for HHS, with no estimates decreasing in the past two months and two estimates increasing, leading to a rise in the consensus estimate [2] - The combination of the technical indicator and positive earnings revisions suggests that HHS should be considered for a watchlist by investors [2]

This marketing company is expected to post quarterly earnings of $0.09 per share in its upcoming report, which represents a year-over-year change of +12.5%. Revenues are expected to be $46.6 million, down 2.4% from the year-ago quarter. The stock currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> The stock is gaining from the Elevate program that improves the company's agility, innovation, organic growth and customer centricit ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, June 27th: Macy's (M) : This omni-channel retail organization which operates stores, websites, and mobile applications in the United States, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days. Macy's has a price-to-earnings ratio (P/E) of 6.83 compared with 12.10 for the industry. The company possesses a Val ...