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

Thermon group

02/02/2023 14:33

* Thermon Group Holdings Inc  THR.N  reported quarterly
adjusted
earnings of 52 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of 37 cents per share.
    * Revenue rose 21.4% to $122.11 million from a year ago;
analysts
expected $108.22 million. 
    * Thermon Group Holdings Inc's reported EPS for the quarter
was 25
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Thermon Group Holdings Inc shares had risen by 15.3% this
quarter.
    * The company reported quarterly net income of $8.43
million.
    * Wall Street's median 12-month price target for Thermon
Group
Holdings Inc is $22.00 
    * 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." 

This summary was machine generated from Refinitiv data February
2 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.37           0.52           Beat
 Sep. 30 2022      0.20           0.38           Beat
 Jun. 30 2022      0.11           0.25           Beat
 Mar. 31 2022      0.29           0.31           Beat