Thermon Group Holdings THR unveils its next round of earnings this Wednesday, May 29. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Earnings and Revenue
Based on management's projections, Thermon Group Holdings analysts model for earnings of 32 cents per share on sales of $101.63 million.
In the same quarter last year, Thermon Group Holdings reported earnings per share of 34 cents on revenue of $102.58 million. Analysts estimate would represent a 5.88 percent decrease in the company's earnings. Revenue would have fallen 0.93 percent from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | 0.33 | 0.24 | 0.2 | |
EPS Actual | 0.4 | 0.22 | 0.24 | 0.34 |
Stock Performance
Over the past 52-week period, shares of Thermon Group Holdings have declined 0.08 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The popular rating by analysts on Thermon Group Holdings stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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