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Thermon Group Q2 2024 Earnings Report

Thermon Group logo
$32.35 +0.43 (+1.35%)
(As of 03:58 PM ET)

Thermon Group EPS Results

Actual EPS
$0.49
Consensus EPS
$0.33
Beat/Miss
Beat by +$0.16
One Year Ago EPS
N/A

Thermon Group Revenue Results

Actual Revenue
$123.66 million
Expected Revenue
$106.59 million
Beat/Miss
Beat by +$17.07 million
YoY Revenue Growth
N/A

Thermon Group Announcement Details

Quarter
Q2 2024
Time
N/A
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Thermon Group Earnings Headlines

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About Thermon Group

Thermon Group (NYSE:THR) provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It offers heat tracing products, such as electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions, temporary electrical power distribution and lighting, and other products and services. The company also provides controls, monitoring, and software systems for the control and management of a heat trace system; environmental heating solutions under the Ruffneck, Norsemen, and Catadyne brands; process heating solutions under the Caloritech brand name; filtration solutions under the 3L Filters brand; rail and transit solutions under the Hellfire, Velocity, ArcticSense, and other brand names; and boilers under the Vapor Power, Precision Boilers, and Caloritech brands. In addition, it offers project services; transportation heating products, including track and switch heaters, accessories, control panels, rail heaters, gas blower accessories, and air curtains; transit heaters; and velocity heat products. Further, the company offers temporary power solutions; heating systems, such as engineered electric heat, explosion proof gas catalytic heaters, heaters for harshest environments, methane abatement, and engineered filtration system; electrically, steam, and fluid heated tubing bundles; and pre-insulated tubing and system accessories tubing bundles. It serves chemical and petrochemical, oil and gas, power generation, rail and transit, commercial, energy transition/decarbonization, mining and mineral processing, maritime/shipbuilding, semiconductors, pharmaceutical and biotechnology, food and beverage, data centers, and renewables industries through a network of sales and service professionals, and distributors. Thermon Group Holdings, Inc. was founded in 1954 and is headquartered in Austin, Texas.

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