Thermon Group Holdings Inc Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 14.29% to $0.18 in the quarter versus EPS of $0.21 in the year-earlier quarter.
Revenue: Rose 3.85% to $71.7 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: reported adjusted EPS income of $0.18 per share. By that measure, the company missed the mean analyst estimate of $0.24. It missed the average revenue estimate of $75.88 million.
Quoting Management: “Thermon posted another strong fiscal year, achieving records in revenue, GAAP EPS and free cash flow per share and we look to have another record setting year in fiscal 2014,” said Rodney Bingham, President and Chief Executive Officer.
Key Stats (on next page)…
Revenue decreased 6.58% from $76.75 million in the previous quarter. EPS decreased 25% from $0.24 in the previous quarter.
Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.22 to a profit $0.24. For the current year, the average estimate is a profit of $0.97, which is the same with that ninety days ago.
Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)