Thermon Group Holdings Q4 Adj $0.34 Beats $0.32 Estimate, Sales $127.65M Beat $126.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
Thermon Group Holdings (NYSE:THR) reported Q4 earnings of $0.34 per share, beating the analyst estimate of $0.32. Sales were $127.65 million, also surpassing the estimate of $126.66 million. Despite the earnings beat, EPS decreased by 17.07% year-over-year.
May 29, 2024 | 10:50 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Thermon Group Holdings reported Q4 earnings of $0.34 per share, beating the analyst estimate of $0.32. Sales were $127.65 million, also surpassing the estimate of $126.66 million. Despite the earnings beat, EPS decreased by 17.07% year-over-year.
Thermon Group Holdings beat both earnings and sales estimates, which is generally positive for the stock. However, the year-over-year decline in EPS may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100