Thermon Group Holdings Q1 Adj EPS $0.40 Beats $0.28 Estimate, Sales $106.89M Beat $101.17M Estimate
Portfolio Pulse from Benzinga Newsdesk
Thermon Group Holdings (NYSE:THR) reported Q1 earnings of $0.40 per share, beating the analyst consensus estimate of $0.28 by 42.86%. This is a 60% increase from the same period last year. The company also reported quarterly sales of $106.89 million, beating the analyst consensus estimate of $101.17 million by 5.65%. This is a 11.99% increase from the same period last year.
August 04, 2023 | 12:53 pm
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Thermon Group Holdings reported better than expected Q1 earnings and sales, which could positively impact its stock price.
Thermon Group Holdings reported Q1 earnings and sales that beat analyst estimates. This is generally seen as positive news and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100