Target Hospitality (TH) to Release Earnings on Tuesday

Target Hospitality (NASDAQ:TH) will announce its earnings results before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.12 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Target Hospitality (NASDAQ:TH) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. The business had revenue of $100.72 million for the quarter, compared to analyst estimates of $101.25 million. Target Hospitality had a net margin of 23.97% and a return on equity of 30.89%. Target Hospitality’s quarterly revenue was down 29.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.44 EPS. On average, analysts expect Target Hospitality to post $1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Target Hospitality Stock Up 1.4 %

Shares of TH stock opened at $8.68 on Friday. Target Hospitality has a 12-month low of $6.11 and a 12-month high of $14.45. The company has a market capitalization of $871.73 million, a PE ratio of 7.89, a price-to-earnings-growth ratio of 0.93 and a beta of 2.09. The firm has a 50 day moving average price of $8.40 and a two-hundred day moving average price of $9.34.

About Target Hospitality

Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company operates through two segments, Hospitality & Facilities Services – South and Government. It owns a network of specialty rental accommodation units. In addition, the company provides catering and food, maintenance, housekeeping, grounds-keeping, security, health and recreation facilities, workforce community management, concierge, and laundry services.