Thermon Group (THR) Scheduled to Post Quarterly Earnings on Thursday

by · The Cerbat Gem

Thermon Group (NYSE:THR – Get Free Report) is scheduled to be releasing its earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.35 per share for the quarter. Thermon Group has set its FY25 guidance at $1.90-2.06 EPS and its FY 2025 guidance at 1.900-2.060 EPS.

Thermon Group (NYSE:THR – Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The technology company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.07. The business had revenue of $115.10 million during the quarter, compared to the consensus estimate of $115.99 million. Thermon Group had a return on equity of 13.26% and a net margin of 9.78%. The firm’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.40 earnings per share. On average, analysts expect Thermon Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Thermon Group Price Performance

Thermon Group stock opened at $26.21 on Friday. The company has a current ratio of 2.61, a quick ratio of 1.73 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $885.90 million, a P/E ratio of 18.33 and a beta of 1.05. The business has a 50-day moving average of $28.92 and a 200-day moving average of $30.57. Thermon Group has a 1 year low of $23.76 and a 1 year high of $35.93.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Thermon Group from a “hold” rating to a “buy” rating in a report on Saturday, September 14th.

Get Our Latest Research Report on Thermon Group

About Thermon Group

(Get Free Report)

Thermon Group Holdings, Inc provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It offers heat tracing products, such as electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions, temporary electrical power distribution and lighting, and other products and services.

See Also