Latest News by Industry
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.
Target Hospitality expects full-year revenue in the range of $375 million to $385 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TH at https://www.zacks.com/ap/TH