Target Hospitality Announces First Quarter 2020 Results

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Go back to Target Hospitality Announces First Quarter 2020 Results

Target Hospitality (TH) Misses Q1 EPS by 2c, Revenues Miss

May 28, 2020 6:48 AM EDT

Target Hospitality (NASDAQ: TH) reported Q1 EPS of $0.04, $0.02 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $71.7 million versus the consensus estimate of $72.03 million.

Financial and Operational Highlights for the First Quarter 2020

Revenues of $71.7 million for the three months ended March 31, 2020 as compared to $82.0 million for the same period in 2019Net income of $3.8 million for the three months ended March 31, 2020, compared to a net loss of $14.0 million for the first quarter of 2019Basic and diluted earnings per share of $0.04 for the three months ended March 31,... More