Target Hospitality Q2 EPS $0.44 Beats $0.37 Estimate, Sales $143.63M Beat $136.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
Target Hospitality (NASDAQ:TH) reported Q2 earnings of $0.44 per share, beating the analyst consensus estimate of $0.37 by 18.92%. This is an 83.33% increase from the same period last year. The company also reported quarterly sales of $143.63 million, beating the analyst consensus estimate of $136.13 million by 5.51%. This is a 30.99% increase from the same period last year.
August 09, 2023 | 10:46 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Target Hospitality's Q2 earnings and sales exceeded estimates, indicating strong financial performance.
Target Hospitality reported higher than expected earnings and sales for Q2, which indicates strong financial performance. This is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100