Target Hospitality: Q2 Earnings Snapshot
By AP News
Published - Aug 07, 2024, 06:58 AM ET
Last Updated - Aug 07, 2024, 06:58 AM EDT
THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Target Hospitality Corp. (TH) on Wednesday reported second-quarter net income of $18.4 million.
The The Woodlands, Texas-based company said it had profit of 18 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.
The company posted revenue of $100.7 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $100.6 million.
