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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100