Hudson Technologies(HDSN) ZACKS·2024-08-06 22:56Company Performance - Hudson Technologies reported quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.26 per share, and down from $0.41 per share a year ago, representing an earnings surprise of -23.08% [1] - The company posted revenues of $75.28 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 4.26%, and down from $90.47 million year-over-year [2] - Over the last four quarters, Hudson Technologies has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Hudson Tech shares have lost about 43.7% since the beginning of the year, while the S&P 500 has gained 8.7% [3] - The current Zacks Rank for Hudson Tech is 4 (Sell), indicating expected underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0.19 on revenues of $70.79 million, and $0.69 on revenues of $257.5 million for the current fiscal year [7] - The estimate revisions trend for Hudson Tech is currently unfavorable, which may impact future stock performance [6] Industry Context - The Industrial Services industry, to which Hudson Technologies belongs, is currently in the bottom 11% of over 250 Zacks industries, suggesting potential challenges ahead [8]