Tecnoglass Inc reports results for the quarter ended in June - Earnings Summary

Tecnoglass Holdings

06/08/2021 21:29

* Tecnoglass Inc  TGLS.OQ  reported quarterly adjusted earnings
of 41 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
31 cents per share.
* Revenue rose 48.5% to $121.71 million from a year ago; 
analysts expected $106.24 million. 
* Tecnoglass Inc's reported EPS for the quarter was 40 cents​.
* The mean earnings estimate of analysts had risen by
about 11.5% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Tecnoglass Inc shares had fallen by 7.4% this quarter and
gained 186.8% so far this year.
* The company reported quarterly net income of $19.23 million.
* Wall Street's median 12-month price target for Tecnoglass Inc
is $17.00 
* 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." 
This summary was machine generated August 6 at 08:29 p.m.  ​All
figures in US dollars unless otherwise stated