Q2 2024 EPS Estimates for Hudson Global, Inc. (NASDAQ:HSON) Decreased by Analyst

Hudson Global, Inc. (NASDAQ:HSON) – Equities researchers at Sidoti Csr reduced their Q2 2024 EPS estimates for shares of Hudson Global in a research report issued on Tuesday, May 14th. Sidoti Csr analyst M. Riddick now expects that the business services provider will post earnings of ($0.07) per share for the quarter, down from their previous forecast of $0.44. The consensus estimate for Hudson Global’s current full-year earnings is $1.73 per share. Sidoti Csr also issued estimates for Hudson Global’s Q3 2024 earnings at $0.28 EPS and FY2024 earnings at ($0.14) EPS.

Hudson Global (NASDAQ:HSON) last announced its quarterly earnings results on Thursday, March 14th. The business services provider reported $0.04 earnings per share (EPS) for the quarter. Hudson Global had a negative net margin of 0.69% and a negative return on equity of 0.36%. The company had revenue of $33.97 million during the quarter, compared to analyst estimates of $38.02 million.

Separately, StockNews.com began coverage on shares of Hudson Global in a research note on Monday. They issued a “strong-buy” rating for the company.

Hudson Global Stock Down 2.9 %

Shares of HSON stock opened at $16.18 on Thursday. The firm has a market capitalization of $45.79 million, a price-to-earnings ratio of -43.73, a price-to-earnings-growth ratio of 0.48 and a beta of 0.62. Hudson Global has a 12-month low of $13.38 and a 12-month high of $24.00. The firm has a fifty day moving average of $16.70 and a 200-day moving average of $15.81.

Hedge Funds Weigh In On Hudson Global

An institutional investor recently bought a new position in Hudson Global stock. Victory Capital Management Inc. bought a new position in Hudson Global, Inc. (NASDAQ:HSON) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,263 shares of the business services provider’s stock, valued at approximately $51,000. Victory Capital Management Inc. owned 0.12% of Hudson Global at the end of the most recent quarter. 47.23% of the stock is owned by institutional investors.

Hudson Global Company Profile

Hudson Global, Inc provides talent solutions for mid-to-large-cap multinational companies and government agencies under the Hudson RPO brand in the Americas, the Asia Pacific, and Europe. It offers recruitment process outsourcing (RPO) services, such as recruitment outsourcing, project-based outsourcing, contingent workforce solutions, and recruitment consulting for clients' permanent staff hires; and RPO contracting services, including outsourced professional contract staffing and managed services.