Thermon Group Holdings Inc expected to post earnings of 35 cents a share - Earnings Preview

Thermon group

01/02/2022 17:10

* Thermon Group Holdings Inc  THR.N   THR  is expected
to show a
rise in quarterly revenue when it reports  results on February
3. 
    * The Austin Texas-based  company is expected to report  a
20.9% increase in revenue to $96.21 million from $79.6 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 35 cents per share. For the same quarter
last year, the company reported earnings of 30 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 22% above​ its last closing price
of $17.15. ​​​

This summary was machine generated February 1 at 17:10 GMT.  All
figures in US dollars  unless otherwise stated