Wall Street analysts expect that Hudson Ltd (NYSE:HUD) will announce earnings per share (EPS) of $0.22 for the current quarter, according to Zacks. Zero analysts have issued estimates for Hudson’s earnings. The highest EPS estimate is $0.24 and the lowest is $0.20. Hudson posted earnings of $0.28 per share during the same quarter last year, which would suggest a negative year over year growth rate of 21.4%. The company is expected to announce its next quarterly earnings results on Friday, August 2nd.
On average, analysts expect that Hudson will report full-year earnings of $0.68 per share for the current year. For the next financial year, analysts expect that the company will post earnings of $1.02 per share, with EPS estimates ranging from $0.80 to $1.24. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Hudson.
Hudson (NYSE:HUD) last released its quarterly earnings data on Tuesday, May 14th. The company reported $0.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.02. Hudson had a net margin of 1.47% and a return on equity of 12.30%. The business had revenue of $445.00 million during the quarter, compared to analyst estimates of $437.08 million. During the same quarter last year, the business earned $0.04 earnings per share. Hudson’s quarterly revenue was up 4.3% compared to the same quarter last year.
Several equities analysts have commented on the stock. Zacks Investment Research lowered shares of Hudson from a “hold” rating to a “sell” rating in a research report on Wednesday, February 6th. Credit Suisse Group upgraded shares of Hudson from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $17.00 to $19.00 in a research report on Wednesday, May 1st.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Clearbridge Investments LLC raised its stake in shares of Hudson by 6.3% in the first quarter. Clearbridge Investments LLC now owns 3,681,545 shares of the company’s stock valued at $50,621,000 after acquiring an additional 218,699 shares during the period. Brown Advisory Inc. raised its stake in shares of Hudson by 114.4% in the fourth quarter. Brown Advisory Inc. now owns 3,169,773 shares of the company’s stock valued at $54,362,000 after acquiring an additional 1,691,487 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Hudson by 6.9% in the third quarter. JPMorgan Chase & Co. now owns 3,024,924 shares of the company’s stock valued at $68,243,000 after acquiring an additional 194,508 shares during the period. TimesSquare Capital Management LLC raised its stake in shares of Hudson by 45.6% in the first quarter. TimesSquare Capital Management LLC now owns 2,810,700 shares of the company’s stock valued at $38,647,000 after acquiring an additional 880,880 shares during the period. Finally, Jennison Associates LLC raised its stake in shares of Hudson by 13.9% in the fourth quarter. Jennison Associates LLC now owns 1,867,996 shares of the company’s stock valued at $32,036,000 after acquiring an additional 228,135 shares during the period. 41.76% of the stock is currently owned by institutional investors and hedge funds.
HUD stock traded up $0.06 during trading on Monday, hitting $13.64. 185,213 shares of the company’s stock traded hands, compared to its average volume of 338,984. Hudson has a 52 week low of $12.67 and a 52 week high of $23.22. The company has a quick ratio of 0.63, a current ratio of 1.05 and a debt-to-equity ratio of 2.19. The firm has a market capitalization of $1.25 billion, a P/E ratio of 16.43 and a beta of 0.83.
Hudson Company Profile
Hudson Ltd. operates as a travel retail company in the United States and Canada. 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.
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