Target Hospitality's earnings of $0.04 exceeded expectations, with profits also coming in above forecasts.

According to Target Hospitality's (NASDAQ: TH) report, the earnings per share for the first quarter were $0.120, surpassing analysts' expectations of $0.080 by $0.04. The reported profit for this quarter was set at $83.69 million, while analyst projections were at $80.1 million.

For the fiscal year 2025, Target Hospitality's profit is estimated to be between $265 million and $285 million, with analysts predicting $265.8 million. The company's stock closed at $6.13, reflecting a 37.92% decline over the past three months and a 44.07% drop over the last year. While Target Hospitality experienced no positive earnings per share in the last 90 days, it recorded three negative earnings. Explore how Target Hospitality's stock reacted to past earnings reports. Stay updated on financial developments by visiting InvestingPro and the Earnings Calendar at Investing.com.