Core Insights - Target Hospitality reported a revenue of $69.9 million for the quarter ended March 2025, which is a decrease of 34.5% compared to the same period last year [1] - The earnings per share (EPS) for the quarter was -$0.05, down from $0.20 in the year-ago quarter, indicating a significant decline [1] - Despite the revenue drop, the reported revenue exceeded the Zacks Consensus Estimate of $65.37 million by 6.93% [1] - The EPS surprise was -150.00% compared to the consensus estimate of -$0.02 [1] Financial Performance Metrics - Revenue from Hospitality & Facilities Services - South was $36.07 million, surpassing the two-analyst average estimate of $35.79 million [4] - Revenue from All Other segments was $8.11 million, significantly higher than the estimated $1.64 million [4] - Government revenue reached $25.72 million, exceeding the average estimate of $23.71 million [4] - Adjusted Gross Profit for Hospitality & Facilities Services - South was $11.03 million, slightly below the estimated $11.52 million [4] - Adjusted Gross Profit for Government was $19.18 million, outperforming the average estimate of $16.15 million [4] Stock Performance - Shares of Target Hospitality have returned +6.9% over the past month, while the Zacks S&P 500 composite increased by +13.1% [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential for outperformance in the near term [3]
Target Hospitality (TH) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates