Thermon Group Sees FY25 Revenues Of $527M-$553M Vs. $550.1M Estimate Representing YoY Growth Of 9%; Company Projects Adjusted EPS Of $1.90-$2.06 Vs. $1.94 Estimate
Portfolio Pulse from Benzinga Newsdesk
Thermon Group projects FY25 revenues of $527M-$553M, representing a 9% YoY growth, and adjusted EPS of $1.90-$2.06. The company remains optimistic despite a cautious macroeconomic backdrop.
May 29, 2024 | 10:56 am
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Thermon Group projects FY25 revenues of $527M-$553M, representing a 9% YoY growth, and adjusted EPS of $1.90-$2.06. The company remains optimistic despite a cautious macroeconomic backdrop.
Thermon Group's optimistic projections for FY25, including a 9% YoY revenue growth and adjusted EPS of $1.90-$2.06, are likely to positively impact the stock price in the short term. The company's focus on operational efficiency and strategic investments further supports this positive outlook.
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