Thermon Group Holdings (THR) Tops Q3 EPS by 5c, Beats on Revenues; Offers FY18 Revenues Guidance Above Consensus
Thermon Group Holdings (NYSE: THR) reported Q3 EPS of $0.24, $0.05 better than the analyst estimate of $0.19. Revenue for the quarter came in at $92.7 million versus the consensus estimate of $80.48 million.
- Revenue of $92.7 million, 44% increase
- Backlog of $167.7 million vs. $105.0 million, 60% growth
- Orders of $105.3 million, 26% increase
- Gross margin of 45.6% vs. 44.5%
- Fully diluted GAAP EPS $0.02 compared to $0.16 and Adjusted EPS of $0.24 compared to $0.16
GUIDANCE:
Thermon Group Holdings sees FY2018 revenue of $296-304 million, versus the consensus of $288.76 million.
For earnings history and earnings-related data on Thermon Group Holdings (THR) click here.
