Published on 26 Jan 2024 on Simply Wall St. via Yahoo Finance
Thermon Group Holdings, Inc. Just Recorded A 5.6% Revenue Beat: Here's What Analysts Think
One of the biggest stories of last week was how Thermon Group Holdings, Inc. (NYSE:THR) shares plunged 24% in the week since its latest third-quarter results, closing yesterday at US$24.61. Results overall were respectable, with statutory earnings of US$0.46 per share roughly in line with what the analyst had forecast. Revenues of US$136m came in 5.6% ahead of analyst predictions. Following the result, the analyst has updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We thought readers would find it interesting to see the analyst latest (statutory) post-earnings forecasts for next year.
See our latest analysis for Thermon Group Holdings
