10:02 AM EDT, 08/07/2025 (MT Newswires) -- Thermon Group Holdings ( THR ) shares were down more than 8% in recent Thursday trading after the company posted lower fiscal Q1 adjusted earnings and sales.

The company reported fiscal Q1 adjusted earnings of $0.36 per diluted share, down from $0.38 a year earlier.

Four analysts polled by FactSet expected $0.36.

Sales for the quarter ended June 30 were $108.9 million, down from $115.1 million a year earlier.

The analysts surveyed by FactSet expected $122.5 million.

The company said it continues to expect fiscal 2026 adjusted earnings of $1.77 to $1.99 per share on revenue of $495 million to $535 million.

Analysts surveyed by FactSet expect $1.86 per share and $518 million, respectively.

Price: 25.50, Change: -2.72, Percent Change: -9.64