Target Hospitality Missed Consensus Estimates

Target Hospitality (TH) reported a loss of $0.05 per share on revenue of $69.90 million for the first quarter ended March 2025. The consensus estimate was a loss of $0.02 per share on revenue of $65.37 million. The company missed consensus estimates by 150.00% while revenue fell 34.47% compared to the same quarter a year ago.

The company said it continues to expect 2025 revenue of $265.0 million to $285.0 million. The current consensus revenue estimate is $273.0 million for the year ending December 31, 2025.

Target Hospitality is the largest provider of vertically integrated specialty rental accommodations and value-added hospitality services in the United States.