Thermon Group Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

Thermon group

06/02/2025 15:31

* Thermon Group Holdings Inc  THR.N  reported quarterly
adjusted
earnings of 56 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 59 cents.  The mean expectation of four analysts
for the quarter was for earnings of 55 cents per share. Wall
Street expected results to range from 51 cents to 61 cents per
share.
    * Revenue fell 1.5% to $134.35 million from a year ago;
analysts
expected $138.91 million. 
    * Thermon Group Holdings Inc's reported EPS for the quarter
was 54
cents​.
    * The company reported quarterly net income of $18.54
million.
    * Thermon Group Holdings Inc shares had fallen by 6.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 13.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the electrical
components & equipment peer group is also "buy"

Wall Street's median 12-month price target for Thermon Group
Holdings Inc is $36.50 
This summary was machine generated from LSEG data February 6 at
03:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.55           0.56           Beat
 Sep. 30 2024      0.37           0.38           Beat
 Jun. 30 2024      0.31           0.38           Beat
 Mar. 31 2024      0.32           0.34           Beat