Refrigerant services company Hudson Technologies (NASDAQ:HDSN) will be reporting results tomorrow after market close. Here’s what to expect.
Hudson Technologies missed analysts’ revenue expectations by 6.3% last quarter, reporting revenues of $61.94 million, down 19% year on year. It was a slower quarter for the company, with a decent beat of analysts’ EPS estimates.
Is Hudson Technologies a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Hudson Technologies’s revenue to decline 15.4% year on year to $37.96 million, a further deceleration from the 5.5% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.02 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Hudson Technologies has missed Wall Street’s revenue estimates five times over the last two years.
Looking at Hudson Technologies’s peers in the specialty equipment distributors segment, some have already reported their Q4 results, giving us a hint as to what we can expect. United Rentals delivered year-on-year revenue growth of 9.8%, beating analysts’ expectations by 3.9%, and SiteOne reported revenues up 5%, topping estimates by 1.3%. United Rentals traded up 2% following the results while SiteOne was also up 5.9%.
Read our full analysis of United Rentals’s results here and SiteOne’s results here.
Today’s young investors likely haven’t read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。