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Target Hospitality Corp (TH)
NASDAQ:TH
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.02Last Year’s EPS
0.24Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 26, 2025
|% Change Since: 9.62%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements such as the Dilley contract award and strong financial management including senior notes redemption and maintaining a strong cash position. However, there were notable challenges, particularly in the government segment with revenue decreases and contract terminations. Despite these challenges, the company is actively pursuing growth opportunities, indicating a strategic focus on diversification and resilience.Company Guidance
During the Target Hospitality Fourth Quarter and Full Year 2024 Earnings Call, the company provided guidance for 2025, projecting total revenue between $265 million and $285 million and adjusted EBITDA between $47 million and $57 million. The call highlighted the reactivation of the Dilley community, expected to generate over $246 million in revenue over a five-year term, and discussed the termination of the South Texas Family Residential Center contract. The company ended 2024 with $191 million in cash and a net leverage ratio of 0.0 times, having returned approximately $33 million to shareholders. Additionally, Target Hospitality redeemed its outstanding senior notes, resulting in anticipated annual interest expense savings of $19.5 million. Looking ahead, the company plans to maintain a focus on strategic growth initiatives and disciplined capital allocation to support its resilient business model.Dilley Contract Award
Re-contracted Dilley assets under a new contract expected to provide over $246 million of revenue over its anticipated five-year term.
Lithium Americas Workforce Hub Contract
Finalized a multi-year workforce hub contract supporting Lithium Americas' development of the Thacker Pass, exemplifying strategic diversification initiatives.
Strong Cash Position and No Net Debt
Ended the quarter with $191 million in cash and $366 million in total liquidity with 0 borrowings under the company's $175 million revolving credit facility.
Senior Notes Redemption
Redeemed all outstanding senior notes due June 2025, resulting in expected annual interest expense savings of $19.5 million.
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TH Earnings History
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
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TH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 26, 2025 | $6.13 | $6.52 | +6.36% |
| Nov 12, 2024 | $9.21 | $9.84 | +6.84% |
| Aug 07, 2024 | $8.91 | $9.99 | +12.12% |
| May 08, 2024 | $11.10 | $11.52 | +3.78% |
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.
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FAQ
When does Target Hospitality Corp (TH) report earnings?
Target Hospitality Corp (TH) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Target Hospitality Corp (TH) earnings time?
Target Hospitality Corp (TH) earnings time is at May 13, 2025, TBA Not 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 (Q1) is -0.02.
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