Thermon(THR)
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Recent Price Trend in Thermon Group (THR) is Your Friend, Here's Why
ZACKS· 2024-07-17 13:51
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper ...
After Plunging -18.3% in 4 Weeks, Here's Why the Trend Might Reverse for Thermon Group (THR)
ZACKS· 2024-06-19 14:35
Thermon Group (THR) has been on a downward spiral lately with significant selling pressure. After declining 18.3% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. could reverse soon for reaching the old equilibrium of supply and demand. We use Relative Strength Index (RSI), one of the most commonly used technical i ...
Thermon Group's (THR) Q4 Earnings Beat, Revenues Rise Y/Y
ZACKS· 2024-05-30 13:46
Thermon Group (THR) reported fourth-quarter fiscal 2024 adjusted earnings per share (EPS) of 34 cents, which surpassed the Zacks Consensus Estimate of 32 cents. The bottom line fell 17% year over year mainly due to reduced volumes, product mix, spending and incremental interest expenditure, which were partially balanced by improved prices. For the fiscal year ended Mar 31, 2024, adjusted EPS soared 16% year over year to $1.82, driven by the Vapor Power acquisition. Revenues in the quarter totaled $127.7 mil ...
Thermon(THR) - 2024 Q4 - Annual Report
2024-05-29 20:46
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Fiscal Year Ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35159 THERMON GROUP HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 27-2228185 (State or other jurisdiction of incorp ...
Thermon(THR) - 2024 Q4 - Earnings Call Transcript
2024-05-29 18:09
GAAP EPS is expected to be in the range of $1.57 per share to $1.73 per share which represents 9% year-overyear growth at the midpoint. Adjusted EPS is projected to be in the range of $1.90 per share to be up $2.06 per share, which represents 8% year-over-year growth at the midpoint. Finally, we remain focused upon delivering our fiscal year 2016 objectives. This guidance does not contemplate additional M&A activity. However, we expect to continue generating cash to further strengthen our balance sheet thro ...
Thermon Group (THR) Beats Q4 Earnings and Revenue Estimates
zacks.com· 2024-05-29 13:01
Thermon Group (THR) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.25%. A quarter ago, it was expected that this maker of heat tracing products would post earnings of $0.50 per share when it actually produced earnings of $0.59, delivering a surprise of 18%. Over the last four quar ...
Thermon(THR) - 2024 Q4 - Annual Results
2024-05-29 10:45
THERMON REPORTS FOURTH QUARTER FISCAL 2024 RESULTS Record Revenue, Adjusted EBITDA, and Adjusted EPS for Fiscal 2024 Grew Revenue from Diversified End Markets to 68% of Total Revenue in Fiscal 2024 Introducing Fiscal 2025 Revenue Guidance of $527 million - $553 million AUSTIN, Texas, May 29, 2024 -- Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), a global leader in industrial process heating solutions, today announced consolidated financial results for the fourth quarter ("Q4 2024") of the fiscal year ...
Thermon(THR) - 2024 Q3 - Quarterly Report
2024-02-01 22:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 001-35159 THERMON GROUP HOLDINGS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdictio ...
Thermon(THR) - 2024 Q3 - Earnings Call Transcript
2024-02-01 21:15
Thermon Group Holdings, Inc. (NYSE:THR) Q3 2024 Earnings Call Transcript February 1, 2024 11:00 AM ET Brian Drab - William Blair Jonathan Braatz - Kansas City Capital Associates Ivonne Salem Now I would like to introduce Bruce Thames, our President and Chief Executive Officer, for his opening remarks. Let's turn now to slide 4 on our strategic pillars. As we discussed at our inaugural Investor Day in November, we are creating sustainable value through the execution of our long-term strategy that is based on ...
Thermon(THR) - 2024 Q2 - Earnings Call Presentation
2023-11-06 06:35
THERMON GROUP HOLDINGS, INC. SECOND QUARTER FISCAL YEAR 2024 NOVEMBER 2, 2023 This presentation includes forward-looking statements within the meaning of the U.S. federal securities laws in addition to historical information. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding our industry, business strategy, plans, goals and expectations co ...