Target Hospitality Reports Strong First Quarter 2023 Results with Sustained Business Momentum and Continued Achievement of Strategic Objectives

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Go back to Target Hospitality Reports Strong First Quarter 2023 Results with Sustained Business Momentum and Continued Achievement of Strategic Objectives

Target Hospitality (TH) Misses Q1 EPS by 2c; Offers FY23 Revenue Guidance

May 9, 2023 6:51 AM EDT

Target Hospitality (NASDAQ: TH) reported Q1 EPS of $0.38, $0.02 worse than the analyst estimate of $0.40. Revenue for the quarter came in at $147.8 million versus the consensus estimate of $139.27 million.

GUIDANCE:

Target Hospitality sees FY2023 revenue of $525-710 million, versus the consensus of... More