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

Thermon group

27/05/2024 14:06

* Thermon Group Holdings Inc  THR.N   THR  is expected
to show a
rise in quarterly revenue when it reports  results on May 29 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 $35.68. ​​​

This summary was machine generated May 27 at 13:06 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)