Thermon Group Holdings Inc expected to post earnings of 51 cents a share - Earnings Preview

Thermon group

29/01/2024 13:36

* Thermon Group Holdings Inc  THR.N   THR  is expected
to show a
rise in quarterly revenue when it reports  results on February 1
for the period ending December 31 2023
    * The Austin Texas-based  company is expected to report a
5.8% increase in revenue to $129.176 million from $122.11
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Thermon Group Holdings
Inc is
for earnings of 51 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 $32.00​, below​ its last closing price
of $32.34. ​​​

This summary was machine generated January 29 at 13:36 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)