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Target Hospitality Corp (TH)
NASDAQ:TH
US Market
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Target Hospitality (TH) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Mar 18, 2026
After Close (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
-0.06
Last Year’s EPS
0.12
Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Nov 06, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call highlighted significant contract wins and expansions in new markets, contributing to strong financial performance and reaffirmed outlook. However, challenges remain with revenue declines in the government segment and underutilized assets in West Texas, impacting margins.
Company Guidance
During Target Hospitality's Third Quarter 2025 earnings call, the company provided robust guidance and insights into its strategic growth initiatives. The company announced that it has secured over $455 million in new multiyear contract awards in 2025, with $55 million added since the second quarter. These contracts span various end markets, strengthening Target's business portfolio and expanding its reach. Target's ability to deliver customized solutions has opened growth opportunities in markets like data centers, AI infrastructure, power generation, and critical mineral development. The HFS segment boasts customer renewal rates over 90% and average relationships exceeding five years. The Dilley, Texas asset ramp-up was completed in September, contributing to future revenue, with an expected $30 million in revenue for 2025 and over $246 million over its five-year term. The company reaffirmed its 2025 outlook, expecting total revenues between $310 million and $320 million and adjusted EBITDA ranging from $50 million to $60 million. The call highlighted Target's strategic focus on expanding its contract portfolio, driven by strong demand and market fundamentals.
Significant Contract Wins
Target Hospitality added over $55 million in committed revenue contracts since last quarter, bringing the total value of new multiyear contract awards announced in 2025 to more than $455 million.
Expansion in AI and Data Center Markets
The company is capitalizing on the multitrillion dollar investment cycle in data center and AI infrastructure, with new contracts and the launch of the Target Hyper/Scale brand to support data center projects.
Government Segment Ramp-Up
The Dilley, Texas community is now fully operational, supporting up to 2,400 individuals, and is projected to generate approximately $30 million in revenue in 2025 and over $246 million over its expected 5-year term.
Strong Financial Position
Target Hospitality ended the quarter with $30 million in cash and zero net debt, resulting in total available liquidity of approximately $205 million.
Reaffirmed 2025 Outlook
The company reaffirmed its 2025 outlook, which includes total revenue of $310 million to $320 million and adjusted EBITDA of $50 million to $60 million.

Target Hospitality (TH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

TH Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Mar 18, 2026
2025 (Q4)
-0.06 / -
0.12
Nov 06, 2025
2025 (Q3)
-0.06 / -0.01
0.237-104.22% (-0.25)
Aug 07, 2025
2025 (Q2)
-0.11 / -0.15
0.219-168.49% (-0.37)
May 19, 2025
2025 (Q1)
-0.02 / -0.07
0.238-129.41% (-0.31)
Mar 26, 2025
2024 (Q4)
0.07 / 0.12
0.31-61.29% (-0.19)
Nov 12, 2024
2024 (Q3)
0.12 / 0.24
0.43-44.88% (-0.19)
Aug 07, 2024
2024 (Q2)
0.17 / 0.22
0.44-50.23% (-0.22)
May 08, 2024
2024 (Q1)
0.15 / 0.24
0.38-37.37% (-0.14)
Mar 13, 2024
2023 (Q4)
0.25 / 0.31
0.375-17.33% (-0.07)
Nov 08, 2023
2023 (Q3)
0.43 / 0.43
0.2115.00% (+0.23)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

TH Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 06, 2025
$7.72$6.52-15.54%
Aug 07, 2025
$7.30$8.18+12.05%
May 19, 2025
$7.10$7.46+5.07%
Mar 26, 2025
$6.13$6.52+6.36%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Target Hospitality Corp (TH) report earnings?
Target Hospitality Corp (TH) is schdueled to report earning on Mar 18, 2026, After Close (Confirmed).
    What is Target Hospitality Corp (TH) earnings time?
    Target Hospitality Corp (TH) earnings time is at Mar 18, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is TH EPS forecast?
          TH EPS forecast for the fiscal quarter 2025 (Q4) is -0.06.
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