Target Hospitality Corp. (NASDAQ:TH) is reporting second quarter earnings results on Monday 10th August 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.11 per share.
For the full year, analysts predict revenues of $ 205.84 million, while looking forward to loss of $ 0.23 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 307.00 million ~ $ 317.00 million
Click Here For More Historical Outlooks Of Target Hospitality Corp.
Previous Quarter Performance
Target Hospitality Corp. reported income for the first quarter of $ 0.05 per share, from the revenue of $ 71.66 million. The quarterly earnings surged 48.28 percent while revenues reduced 12.59 percent compared with the same quarter last year.
Street analysts expected Target Hospitality Corp. to report income of $ 0.06 per share on revenue of $ 72.03 million for the first quarter. The bottom line results missed street analysts by $ 0.01 or 16.67 percent, at the same time, top line results fell short of analysts by $ 0.37 million or 0.51 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Target Hospitality Corp.
Stock Performance
According to the previous trading day, closing price of TH was $ 1.45, representing a 21.85 % increase from the 52 week low of $ 1.19 and a 81.81 % decrease over the 52 week high of $ 7.97.
The company has a market capital of $ 148.49 million and is part of the Industrials sector and Conglomerates industry.
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Conference Call
Target Hospitality Corp. will be hosting a conference call at 9:00 AM eastern time on 10th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.targethospitality.com
Target Hospitality Corp., through its subsidiaries, provides specialty rental accommodations with catering and value-added hospitality services in the United States. The company was formerly known as Platinum Eagle Acquisition Corp. and changed its name to Target Hospitality Corp.
