Thermon Expects FY24 Sales Of $455M-$485M Vs. Consensus Of $458.80M, It Expects Adjusted EPS Of $1.66-$1.82 Vs. Consensus Of $1.70
Portfolio Pulse from Benzinga Newsdesk
Thermon expects FY24 sales to range between $455M-$485M, surpassing the consensus estimate of $458.80M. The company also anticipates an adjusted EPS of $1.66-$1.82, compared to the consensus of $1.70.
May 25, 2023 | 11:03 am
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POSITIVE IMPACT
Thermon's FY24 sales and adjusted EPS projections exceed consensus estimates, indicating potential growth.
Thermon's higher sales and adjusted EPS projections for FY24 compared to consensus estimates suggest that the company is expecting growth in the future. This positive outlook could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100