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

Thermon group

25/05/2023 19:08

* Thermon Group Holdings Inc  THR.N  reported quarterly
adjusted
earnings of 41 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 41 cents per share.
    * Revenue rose 19.4% to $122.48 million from a year ago;
analysts
expected $114.18 million. 
    * Thermon Group Holdings Inc's reported EPS for the quarter
was 23
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 fallen by 7.9% this
quarter and gained 14.2% so far this year.
    * The company reported quarterly net income of $7.7 million.
    * Wall Street's median 12-month price target for Thermon
Group
Holdings Inc is $30.00 
    * 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 LSEG Refinitiv data May
25 at 06:08 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.41           0.41           Met
 Dec. 31 2022      0.37           0.52           Beat
 Sep. 30 2022      0.20           0.38           Beat
 Jun. 30 2022      0.11           0.25           Beat