tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Thermon Group raises FY26 EPS view to $2.00-$2.15 from $1.77-$1.99

Consensus $1.85. Narrows FY26 revenue view to $506M-$527M from $495M-$535M, consensus $505.9M. “Building on the momentum from our strong second-quarter performance, we are raising our full-year Fiscal 2026 guidance,” said Jan Schott, Chief Financial Officer. “With backlog up 17% year-over-year and several large projects ramping as expected, we believe that we have strong visibility into the second half. Continued execution of our strategic margin initiatives and effective tariff mitigation have further strengthened our outlook. We now expect full-year Fiscal 2026 revenue of approximately $506 to $527 million and Adjusted EBITDA of approximately $112 to $119 million. We are also raising our GAAP EPS guidance to approximately $1.62 to $1.77 per share, with Adjusted EPS expected to be approximately $2.00 to $2.15 per share.”

TipRanks Black Friday Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1