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Target Hospitality (TH) Reports Q4 Earnings: What Key Metrics Have to Say
Target HospitalityTarget Hospitality(US:TH) ZACKSยท2025-03-26 14:30

Core Insights - Target Hospitality reported revenue of $83.69 million for Q4 2024, a year-over-year decline of 33.7% and an EPS of $0.12 compared to $0.29 a year ago, with a revenue surprise of +4.48% over the Zacks Consensus Estimate of $80.1 million and an EPS surprise of +100.00% over the consensus estimate of $0.06 [1] Financial Performance - Revenue from Hospitality & Facilities Services - South was $36.73 million, exceeding the estimated $35.12 million, representing a +1.4% change year-over-year [4] - Revenue from All Other segments was $3.25 million, significantly higher than the estimated $1.55 million, showing a +30.4% change year-over-year [4] - Revenue from Government services was $43.70 million, slightly above the estimated $43.28 million, but reflecting a -50.1% change year-over-year [4] - Adjusted Gross Profit for Hospitality & Facilities Services - South was $12.58 million, surpassing the estimated $7.96 million [4] - Adjusted Gross Profit for Government services was $37.71 million, exceeding the estimated $34.58 million [4] Stock Performance - Shares of Target Hospitality have returned +12.5% over the past month, contrasting with the Zacks S&P 500 composite's -2.9% change, indicating a relatively strong performance [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]