Thermon Group (THR) Expected to Announce Quarterly Earnings on Thursday

Thermon Group (NYSE:THR) is expected to be issuing 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.Parties are encouraged to explore the company’s upcoming Q2 2026 earningoverview page for the latest details on the call scheduled for Thursday, November 6, 2025 at 11:00 AM ET.

Thermon Group (NYSE:THR) last announced its quarterly earnings results on Thursday, August 7th. The technology company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). Thermon Group had a net margin of 10.89% and a return on equity of 12.65%. The company had revenue of $108.90 million during the quarter, compared to analysts’ expectations of $122.53 million. During the same period last year, the firm earned $0.38 earnings per share. Thermon Group’s revenue was down 5.4% on a year-over-year basis. 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

Shares of NYSE:THR opened at $27.90 on Thursday. The company has a 50-day simple moving average of $26.58 and a 200-day simple moving average of $27.05. 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 stock has a market capitalization of $922.34 million, a price-to-earnings ratio of 17.66 and a beta of 1.09.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Thermon Group by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,822 shares of the technology company’s stock worth $552,000 after buying an additional 845 shares during the period. Royal Bank of Canada grew its position in Thermon Group by 0.4% during the first quarter. Royal Bank of Canada now owns 258,852 shares of the technology company’s stock worth $7,209,000 after buying an additional 1,082 shares during the period. Canada Pension Plan Investment Board acquired a new position in Thermon Group during the second quarter worth about $31,000. BNP Paribas Financial Markets grew its position in Thermon Group by 62.5% during the second quarter. BNP Paribas Financial Markets now owns 3,236 shares of the technology company’s stock worth $91,000 after buying an additional 1,245 shares during the period. Finally, Tidal Investments LLC grew its position in Thermon Group by 9.5% during the second quarter. Tidal Investments LLC now owns 18,798 shares of the technology company’s stock worth $528,000 after buying an additional 1,637 shares during the period. 99.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on THR shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Thermon Group in a report on Wednesday, October 8th. Wall Street Zen cut shares of Thermon Group from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 9th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Thermon Group has a consensus rating of “Hold”.

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.