Thermon Group Holdings Inc expected to post earnings of 11 cents a share - Earnings Preview

Thermon group

01/11/2021 17:00

* Thermon Group Holdings Inc  THR.N   THR  is expected to show a
rise in quarterly revenue when it reports  results on November 3
(estimated). 
* The Austin, Texas-based company is expected to report  a
7.5% increase in revenue to $71.4 million from $66.41 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Thermon Group Holdings
Inc is for earnings of 11 cents per share. For the same quarter
last year, the company reported earnings of 12 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Thermon Group
Holdings Inc is $22​, about 21.5% above​ its last closing price
of $17.28. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   0.03        0.03       0.07      Beat    133.3
 Mar. 312021   0.19        0.19       0.03      Missed  -84.5
 Dec. 312020   0.24        0.24       0.30      Beat    23.7​
 Sep. 302020   0.07        0.07       0.12      Beat    77.8
 ​​Jun.        -0.12       -0.12      -0.11     Beat    12
 302020                                                 
 Mar. 312020   0.17        0.17       0.01      Missed  -94​
 Dec. 312019   0.42        0.42       0.28      Missed  -33.3
 Sep. 302019   0.21        0.22       0.29      Beat    34.9
 This summary was machine generated November 1 at 17:00 GMT.  All
figures in US dollars unless otherwise stated