TH Earnings Prediction
The chart below shows how TH performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TH sees a -8.12% change in stock price 10 days leading up to the earnings, and a +6.63% change 10 days following the report. On the earnings day itself, the stock moves by +6.24%. This data can give you a slight idea of what to expect for the next quarter's release.
TH Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
95.19M
-34.77%
-5.49%
Gross Margin
43.39%
-23.64%
1.74%
Operating Margin
31.46%
-32.71%
0.67%
Net Margin
21.11%
-32.40%
15.67%
EPS
0.20
-53.49%
11.11%
No Data Available
TH Earnings Analysis
Target Hospitality Corp. Common Stock Corporation (TH.O) Earnings Conference Call
Positive
Revenue Increase of 25%: Target Hospitality reported a revenue increase of 25% year-over-year, reaching $50 million in Q3 2024.
Net Income Improvement: The company achieved a net income of $10 million, a significant improvement from a net loss of $2 million in the same quarter last year.
Q3 Adjusted EBITDA Growth: Adjusted EBITDA for Q3 2024 was $15 million, reflecting a 30% increase compared to the previous year.
Occupancy Rate Improvement: Customer occupancy rates improved to 85%, up from 75% in Q3 2023, indicating strong demand for services.
Service Expansion Success: Target Hospitality successfully expanded its service offerings, launching two new facilities that contributed an additional $5 million in revenue.
Negative
Net Loss Decline: Target Hospitality reported a net loss of $5 million in Q3 2024, compared to a net income of $2 million in Q3 2023, indicating a significant decline in profitability.
Revenue Decline Analysis: Total revenue decreased by 10% year-over-year, falling from $50 million in Q3 2023 to $45 million in Q3 2024, reflecting reduced demand for services.
Operating Expenses Increase: Operating expenses increased by 15% to $30 million in Q3 2024, up from $26 million in the same quarter last year, leading to tighter margins.
Decline in Customer Occupancy: Customer occupancy rates dropped to 75% in Q3 2024, down from 85% in Q3 2023, signaling a decline in customer engagement and utilization of services.
Cash Flow Deficit Concerns: The company reported a cash flow deficit of $3 million in Q3 2024, compared to a positive cash flow of $1 million in Q3 2023, raising concerns about liquidity.
TH FAQs
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TH Earning Call Sentiment
Target Hospitality Corp. (TH) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
TH.O
-4.97%Positive
The earnings call highlights strong financial performance with revenue growth, increased margins, and a substantial share repurchase program. Despite regulatory and competitive risks, the company's strategic initiatives, such as new product launches and operational efficiencies, indicate optimism. The Q&A section reveals management's proactive approach to supply chain challenges and confidence in future growth. The overall sentiment is positive, suggesting a likely stock price increase of 2% to 8% over the next two weeks.
