Hudson Ltd (HUD) Expected to Announce Earnings of $0.23 Per Share

Equities analysts forecast that Hudson Ltd (NYSE:HUD) will report earnings per share of $0.23 for the current fiscal quarter, according to Zacks. Zero analysts have issued estimates for Hudson’s earnings. The highest EPS estimate is $0.23 and the lowest is $0.22. The company is expected to issue its next quarterly earnings report on Tuesday, August 14th.

According to Zacks, analysts expect that Hudson will report full year earnings of $0.76 per share for the current fiscal year, with EPS estimates ranging from $0.74 to $0.78. For the next year, analysts expect that the firm will report earnings of $0.90 per share, with EPS estimates ranging from $0.85 to $0.94. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow Hudson.

Hudson (NYSE:HUD) last issued its quarterly earnings results on Tuesday, May 8th. The company reported $0.07 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.04. The business had revenue of $426.80 million during the quarter, compared to analyst estimates of $415.67 million.

A number of equities research analysts have weighed in on the stock. ValuEngine downgraded shares of Hudson from a “buy” rating to a “hold” rating in a report on Tuesday, April 17th. Zacks Investment Research downgraded shares of Hudson from a “buy” rating to a “hold” rating in a report on Wednesday, May 16th. Goldman Sachs Group began coverage on Hudson in a report on Monday, February 26th. They set a “buy” rating and a $19.00 price objective on the stock. Bank of America began coverage on Hudson in a report on Monday, February 26th. They set a “buy” rating and a $19.00 price objective on the stock. Finally, UBS Group began coverage on Hudson in a report on Monday, February 26th. They set a “buy” rating on the stock. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $18.25.

Hudson traded down $0.04, reaching $18.65, on Friday, according to MarketBeat. The company’s stock had a trading volume of 209,039 shares, compared to its average volume of 552,163. Hudson has a twelve month low of $14.23 and a twelve month high of $18.98. The company has a current ratio of 1.50, a quick ratio of 0.88 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $1.71 billion and a price-to-earnings ratio of 41.98.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Neuberger Berman Group LLC acquired a new stake in Hudson during the 1st quarter worth about $90,417,000. Bamco Inc. NY acquired a new stake in Hudson during the 1st quarter worth about $44,309,000. JPMorgan Chase & Co. acquired a new stake in Hudson during the 1st quarter worth about $36,832,000. Point72 Asset Management L.P. acquired a new stake in Hudson during the 1st quarter worth about $31,978,000. Finally, BlackRock Inc. acquired a new stake in Hudson during the 1st quarter worth about $29,890,000. Hedge funds and other institutional investors own 38.03% of the company’s stock.

Hudson Company Profile

Hudson Ltd. operates as a duty-paid and duty-free travel retail company. It operates travel essentials and convenience stores, bookstores, duty-free stores, proprietary and branded specialty stores, electronics stores, themed stores, and quick-service food and beverage outlets under proprietary and third-party brands.

Get a free copy of the Zacks research report on Hudson (HUD)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Hudson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hudson and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply