Tecnoglass Inc expected to post earnings of 31 cents a share - Earnings Preview

Tecnoglass Holdings

04/08/2021 13:44

* Tecnoglass Inc  TGLS.OQ   TGLS.O  is expected to show a rise
in quarterly revenue when it reports results on August 6. 
* The Barranquilla, Colombia-based company is expected to report
  a 29.7% increase in revenue to $106.24 million from $81.94
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Tecnoglass Inc is for
earnings of 31 cents per share. For the same quarter last year,
the company reported earnings of 20 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 5 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Tecnoglass Inc
is $17​, about 12.9% below​ its last closing price
of $19.19. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.22        0.22       0.35      Beat    60.1
 Dec. 31 2020  0.19        0.20       0.22      Beat    8.9
 Sep. 30 2020  0.17        0.17       0.28      Beat    68.7​
 Jun. 30 2020  0.13        0.13       0.20      Beat    51.5
 Mar.          0.14​       0.14       0.10      Missed  -26.5​
 31​ 2020​                                              
 Dec. 31 2019  0.17        0.18       0.16      Missed  -11.9​
 Sep. 30 2019  0.21        0.20       0.18      Missed  -11.5
 Jun. 30 2019  0.16        0.17       0.20      Beat    19.2
 This summary was machine generated August 4 at 12:44 GMT.  All
figures in US dollars unless otherwise stated