US88362T1034 - Common Stock
Industrial process heating solutions provider Thermon (NYSE:THR) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 7.3% year on year to $114.6 million. The company’s full-year revenue guidance of $502.5 million at the midpoint came in 6.7% below analysts’ estimates. Its GAAP profit of $0.28 per share was in line with analysts’ consensus estimates.
Industrial process heating solutions provider Thermon (NYSE:THR) will be reporting earnings tomorrow before market open. Here’s what investors should know.
THR stock results show that Thermon Group Holdings beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2025.
THR stock results show that Thermon Group Holdings beat analyst estimates for earnings per share and beat on revenue for the fourth quarter of 2024.
Thermon reported better-than-expected Q3 earnings and record revenue, driven by sales growth in Europe and Asia Pacific.
Thermon Group acquires Vapor Power International, expanding its industrial heating solutions portfolio.