Industrial process heating solutions provider Thermon (NYSE: THR) will be reporting results this Thursday before market hours. Here’s what investors should know.
Thermon missed analysts’ revenue expectations by 11.1% last quarter, reporting revenues of $108.9 million, down 5.4% year on year. It was a slower quarter for the company, with a significant miss of analysts’ revenue estimates and a miss of analysts’ EBITDA estimates.
Is Thermon a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Thermon’s revenue to grow 4.2% year on year to $119.4 million, a reversal from the 7.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.36 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Thermon has only missed Wall Street’s revenue estimates once since going public and has exceeded top-line expectations by -11.1% on average.
Looking at Thermon’s peers in the electrical systems segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Vertiv delivered year-on-year revenue growth of 29%, beating analysts’ expectations by 3.4%, and Verra Mobility reported revenues up 16.1%, topping estimates by 9.8%. Vertiv traded up 4.6% following the results while Verra Mobility was down 1.3%.
Read our full analysis of Vertiv’s results here and Verra Mobility’s results here.
Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the electrical systems stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.5% on average over the last month. Thermon is up 3.2% during the same time and is heading into earnings with an average analyst price target of $33 (compared to the current share price of $28.36).
When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.
StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
