Hudson Global (HSON) Reports Q3 Loss, Lags Revenue Estimates

Core Viewpoint - Hudson Global reported a quarterly loss of $0.13 per share, significantly missing the Zacks Consensus Estimate of$ 0.28, and down from earnings of $0.24 per share a year ago, indicating a negative earnings surprise of -146.43% [1] Financial Performance - The company posted revenues of$ 36.85 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 18.79% and down from $39.4 million in the same quarter last year [2] - Over the last four quarters, Hudson Global has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Performance - Hudson Global shares have declined approximately 7% since the beginning of the year, contrasting with the S&P 500's gain of 25.8% [3] Future Outlook - The company's earnings outlook will be crucial for investors, particularly in light of the mixed trend in estimate revisions ahead of the earnings release [4][6] - The current consensus EPS estimate for the upcoming quarter is$ 0.35 on revenues of $43.82 million, while for the current fiscal year, it is -$ 0.03 on revenues of $158.8 million [7] Industry Context - The Outsourcing industry, to which Hudson Global belongs, is currently ranked in the bottom 19% of over 250 Zacks industries, indicating potential challenges ahead [8]