Target Hospitality (TH – Free Report) reported $83.69 million in revenue for the quarter ended December 2024, representing a year-over-year decline of 33.7%. EPS of $0.12 for the same period compares to $0.29 a year ago.
The reported revenue represents a surprise of +4.48% over the Zacks Consensus Estimate of $80.1 million. With the consensus EPS estimate being $0.06, the EPS surprise was +100.00%.
While investors closely watch year-over-year changes in headline numbers — revenue and earnings — and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company’s underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock’s price performance.
Here is how Target Hospitality performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Hospitality & Facilities Services – South: $36.73 million versus $35.12 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.4% change.
- Revenue- All Other: $3.25 million versus $1.55 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +30.4% change.
- Revenue- Government: $43.70 million versus $43.28 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -50.1% change.
- Adjusted Gross Profit- Hospitality & Facilities Services – South: $12.58 million versus $7.96 million estimated by two analysts on average.
- Adjusted Gross Profit- Government: $37.71 million versus $34.58 million estimated by two analysts on average.
View all Key Company Metrics for Target Hospitality here>>>
Shares of Target Hospitality have returned +12.5% over the past month versus the Zacks S&P 500 composite’s -2.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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