Target Hospitality Announces Fourth Quarter and Full Year 2019 Results
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Target Hospitality (TH) Misses Q4 EPS by 1c, Revenues Beat
March 11, 2020 4:19 PM EDTTarget Hospitality (NASDAQ: TH) reported Q4 EPS of $0.07, $0.01 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $76.11 million versus the consensus estimate of $75.18 million.
Financial and Operational Highlights for the Year Ended 2019
Revenues increased to $321.1 million, up 33% year-over-year, led by 44% growth in average available bedsNet income of $6.2 million, and Adjusted net income(2) of $46.3 million, up 41% year-over-yearBasic and... More