Thermon Group Holdings Inc expected to post earnings of 3 cents a share - Earnings Preview

Thermon group

03/08/2021 19:00

* Thermon Group Holdings Inc  THR.N   THR  is expected to show a
rise in quarterly revenue when it reports results on August 5. 
* The Austin, Texas-based company is expected to report   a
4.8% increase in revenue to $59.565 million from $56.85 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Thermon Group Holdings
Inc is for earnings of 3 cents per share. For the same quarter
last year, the company reported a loss of 11 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 3 "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 $23.5​, about 29.4% above​ its last closing
price of $16.60. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.19        0.19       0.03      Missed  -84.5
 Dec. 31 2020  0.24        0.24       0.30      Beat    23.7
 Sep. 30 2020  0.07        0.07       0.12      Beat    77.8​
 Jun. 30 2020  -0.12       -0.12      -0.11     Beat    12
 Mar.          0.17​       0.17       0.01      Missed  -94​
 31​ 2020​                                              
 Dec. 31 2019  0.42        0.42       0.28      Missed  -33.3​
 Sep. 30 2019  0.21        0.22       0.29      Beat    34.9
 Jun. 30 2019  0.22        0.22       0.15      Missed  -32.6
 This summary was machine generated August 3 at 18:00 GMT.  All
figures in US dollars unless otherwise stated