Hudson (HUD) Announces Earnings Results

Hudson (NYSE:HUD) released its quarterly earnings data on Tuesday. The company reported $0.08 EPS for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.02, MarketWatch Earnings reports. Hudson had a net margin of 1.53% and a return on equity of 12.11%. The company had revenue of $445.00 million during the quarter, compared to the consensus estimate of $437.08 million. During the same quarter in the prior year, the firm earned $0.04 EPS. Hudson’s quarterly revenue was up 4.3% on a year-over-year basis.

Hudson stock opened at $15.39 on Wednesday. Hudson has a 1-year low of $12.67 and a 1-year high of $23.22. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.69 and a quick ratio of 1.01. The company has a market capitalization of $1.44 billion, a PE ratio of 18.54, a PEG ratio of 0.75 and a beta of 0.67.

HUD has been the subject of several analyst reports. Bank of America cut shares of Hudson from a “buy” rating to a “neutral” rating and set a $16.00 price target for the company. in a research note on Wednesday, January 16th. Zacks Investment Research raised shares of Hudson from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Thursday, January 17th. Finally, Credit Suisse Group raised shares of Hudson from a “neutral” rating to an “outperform” rating and increased their price target for the company from $17.00 to $19.00 in a research note on Wednesday, May 1st.



Institutional investors have recently bought and sold shares of the company. Pearl River Capital LLC purchased a new stake in shares of Hudson in the 4th quarter valued at approximately $36,000. BNP Paribas Arbitrage SA purchased a new stake in shares of Hudson in the 1st quarter valued at approximately $114,000. LPL Financial LLC grew its stake in shares of Hudson by 18.6% in the 4th quarter. LPL Financial LLC now owns 22,361 shares of the company’s stock valued at $383,000 after buying an additional 3,512 shares during the period. Dynamic Technology Lab Private Ltd grew its stake in shares of Hudson by 25.9% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 25,041 shares of the company’s stock valued at $344,000 after buying an additional 5,147 shares during the period. Finally, The Manufacturers Life Insurance Company grew its stake in shares of Hudson by 119.8% in the 1st quarter. The Manufacturers Life Insurance Company now owns 26,406 shares of the company’s stock valued at $363,000 after buying an additional 14,393 shares during the period. 43.61% of the stock is owned by institutional investors and hedge funds.

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About Hudson

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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Earnings History for Hudson (NYSE:HUD)

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