Target Hospitality: Q1 Earnings Snapshot

By The Associated Press
May 11, 2026 | 6:54 AM

THE WOODLANDS, Texas (AP) — THE WOODLANDS, Texas (AP) — Target Hospitality Corp. (TH) on Monday reported a loss of $12.9 million in its first quarter.

The The Woodlands, Texas-based company said it had a loss of 13 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

The company posted revenue of $72.8 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $74 million.

Target Hospitality expects full-year revenue in the range of $370 million to $380 million.

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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

The Latest: US tightens economic squeeze on Iran after a week of renewed strikes

By The Associated Press
September 4, 2026 | 6:39 PM

The U.S. Treasury announced Friday that it has imposed sanctions on the Turkish bank Golden Global Yatirim Bankasi Anonim Sirketi, as part of the Trump administration’s latest effort to sever “critical financial lifelines” for the Iranian government. Having launched “Operation Economic Outcast” just last week to try to isolate Iran from its remaining global trade partners, the Trump administration also resumed strikes in recent days — signaling President Donald Trump’s turn to a dual-pronged approach that combines economic pressure with the potential of a devastating escalation in force. But the Iranian leadership has yet to bow to already intense sanctions and an intermittent bombing campaign since the war began six months ago. The global economy, meanwhile, continues to roil. Diesel hit a record price in the U.S. on Friday, soaring to an average of $5.85 a gallon for the first time as the war disrupts the world’s flow of fuel. A day earlier, Vice President JD Vance rejected the use of the word “war” to describe the fighting with Iran and steered clear of predicting that the 6-month-old conflict would be over by November’s midterm elections, in which Republicans are trying to hang on to their narrow majorities in Congress.

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