Target Hospitality (TH) Tops Q4 EPS by 2c, Offers Guidance
Target Hospitality (NASDAQ: TH) reported Q4 EPS of ($0.10), $0.02 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $51.6 million versus the consensus estimate of $37.57 million.
GUIDANCE:
Target Hospitality sees FY2021 revenue of $235-245 million, versus the consensus of $202.6 million.

- Adjusted EBITDA(1) between $88 and $95 million
- Interest expense(2) between $34 and $36 million
- Discretionary Cash Flow(1) between $55 and $60 million
- Total capital spending between $12 and $17 million, excluding acquisitions
- Targeting a total net leverage(3) ratio of below 4.0x by year end 2021
For earnings history and earnings-related data on Target Hospitality (TH) click here.

