Thermon Group Holdings Inc expected to post earnings of 32 cents a share - Earnings Preview

Thermon group

21/05/2024 15:23

* Thermon Group Holdings Inc  THR.N   THR  is expected
to show a
rise in quarterly revenue when it reports  results on May 23
(estimated) for the period ending March 31 2024
    * The Austin Texas-based  company is expected to report a
3.4% increase in revenue to $126.658 million from $122.48
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Thermon Group Holdings
Inc is
for earnings of 32 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "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 $36.00​, above​ its last closing price
of $34.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.50        0.51       0.59      Beat    16.8
 Sep. 30 2023  0.35        0.35       0.49      Beat    42
 Jun. 30 2023  0.29        0.29       0.40      Beat    37.9​
 Mar. 31 2023  0.41        0.41       0.41      Met     0
 ​​Jan.        0.37        0.37       0.52      Beat    40.5
 1 0001                                                 
 Sep. 30 2022  0.21        0.20       0.38      Beat    90​
 Jun. 30 2022  0.11        0.11       0.25      Beat    127.3
 Mar. 31 2022  0.29        0.29       0.31      Beat    8.8
 This summary was machine generated May 21 at 14:23 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)