Thermon Group (THR) to Release Quarterly Earnings on Thursday

Thermon Group (NYSE:THR) is anticipated to announce its Q2 2026 results before the market opens on Thursday, November 6th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $119.4250 million for the quarter. Thermon Group has set its FY 2026 guidance at 1.770-1.990 EPS.Investors may review the information on the company’s upcoming Q2 2026 earningreport for the latest details on the call scheduled for Thursday, November 6, 2025 at 11:00 AM ET.

Thermon Group (NYSE:THR) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.01). Thermon Group had a net margin of 10.89% and a return on equity of 12.65%. The business had revenue of $108.90 million during the quarter, compared to analysts’ expectations of $122.53 million. During the same period in the previous year, the company posted $0.38 earnings per share. Thermon Group’s revenue for the quarter was down 5.4% compared to the same quarter last year. On average, analysts expect Thermon Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Thermon Group Price Performance

NYSE:THR opened at $28.38 on Wednesday. Thermon Group has a one year low of $23.05 and a one year high of $33.25. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.49 and a current ratio of 2.43. The firm has a market cap of $938.29 million, a price-to-earnings ratio of 17.96 and a beta of 1.09. The firm’s fifty day moving average is $26.78 and its two-hundred day moving average is $27.17.

Analyst Ratings Changes

Several equities research analysts have commented on THR shares. Wall Street Zen lowered shares of Thermon Group from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Thermon Group in a report on Thursday, October 30th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Thermon Group presently has an average rating of “Hold”.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Thermon Group by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,822 shares of the technology company’s stock worth $552,000 after purchasing an additional 845 shares during the last quarter. Royal Bank of Canada raised its holdings in Thermon Group by 0.4% in the 1st quarter. Royal Bank of Canada now owns 258,852 shares of the technology company’s stock valued at $7,209,000 after acquiring an additional 1,082 shares during the last quarter. Canada Pension Plan Investment Board acquired a new stake in Thermon Group in the 2nd quarter valued at about $31,000. BNP Paribas Financial Markets raised its holdings in Thermon Group by 62.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 3,236 shares of the technology company’s stock valued at $91,000 after acquiring an additional 1,245 shares during the last quarter. Finally, Tidal Investments LLC raised its holdings in Thermon Group by 9.5% in the 2nd quarter. Tidal Investments LLC now owns 18,798 shares of the technology company’s stock valued at $528,000 after acquiring an additional 1,637 shares during the last quarter. Institutional investors and hedge funds own 99.76% of the company’s stock.

Thermon Group Company Profile

Thermon Group Holdings, Inc provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It offers heat tracing products, such as electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions, temporary electrical power distribution and lighting, and other products and services.