Workflow
Target Hospitality (TH) Reports Q4 Earnings: What Key Metrics Have to Say
THTarget Hospitality(TH) ZACKS·2025-03-26 14:30

Core Insights - Target Hospitality reported revenue of 83.69millionforQ42024,ayearoveryeardeclineof33.783.69 million for Q4 2024, a year-over-year decline of 33.7% and an EPS of 0.12 compared to 0.29ayearago,witharevenuesurpriseof+4.480.29 a year ago, with a revenue surprise of +4.48% over the Zacks Consensus Estimate of 80.1 million and an EPS surprise of +100.00% over the consensus estimate of 0.06 [1] Financial Performance - Revenue from Hospitality & Facilities Services - South was 36.73 million, exceeding the estimated 35.12million,representinga+1.435.12 million, representing a +1.4% change year-over-year [4] - Revenue from All Other segments was 3.25 million, significantly higher than the estimated 1.55million,showinga+30.41.55 million, showing a +30.4% change year-over-year [4] - Revenue from Government services was 43.70 million, slightly above the estimated 43.28million,butreflectinga50.143.28 million, but reflecting a -50.1% change year-over-year [4] - Adjusted Gross Profit for Hospitality & Facilities Services - South was 12.58 million, surpassing the estimated 7.96million[4]AdjustedGrossProfitforGovernmentserviceswas7.96 million [4] - Adjusted Gross Profit for Government services was 37.71 million, exceeding the estimated $34.58 million [4] Stock Performance - Shares of Target Hospitality have returned +12.5% over the past month, contrasting with the Zacks S&P 500 composite's -2.9% change, indicating a relatively strong performance [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]