Target Hospitality Announces Second Quarter 2020 Results

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Go back to Target Hospitality Announces Second Quarter 2020 Results

Target Hospitality (TH) Misses Q2 EPS by 4c, Revenues Beat

August 10, 2020 6:51 AM EDT

Target Hospitality (NASDAQ: TH) reported Q2 EPS of ($0.15), $0.04 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $53.62 million versus the consensus estimate of $39.74 million.

Financial and Operational Highlights for the Second Quarter 2020

Revenues of $53.6 million for the three months ended June 30, 2020 as compared to $81.4 million for the same period in 2019Net income (loss) of $(14.2) million for the three months ended June 30, 2020, compared to a net income of $10.6 million for the second quarter of 2019Basic and diluted (loss) per share of $(0.15) for the three months ended June 30,... More