TPI Composites Inc expected to post a loss of $1.01 a share - Earnings Preview

TPI Composites

02/08/2023 03:07

* TPI Composites Inc  TPIC.OQ   TPIC.O  is expected to show
a fall
in quarterly revenue when it reports  results on August 3. 
    * The Scottsdale Arizona-based  company is expected to
report  a
13.9% decrease in revenue to $389.526 million from $452.37
million a year ago, according to the mean estimate from 15
analysts, based on Refinitiv data. The company's guidance on
July 26 2023, for the period ended June 30, was for revenue of
$380.000 million.
    * ​Refinitiv's mean analyst estimate for TPI Composites Inc
is for
a loss of $1.01 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 10
"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 TPI
Composites
Inc is $14​, above​ its last closing price of $5.74. ​​​

The company's guidance on July 26 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 380 million and -36 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.41       -0.38      -0.88     Missed  -129.7
 Dec. 31 2023  -0.88       -0.69      -1.38     Missed  -101.1
 Sep. 30 2022  -0.27       -0.28      -0.39     Missed  -38.6​
 Jun. 30 2022  -0.40       -0.40      -0.48     Missed  -21.2
 ​​Mar.        -0.87       -0.87      -0.71     Beat    18.3
 31 2022                                                
 Dec. 31 2021  -1.61       -1.57      -2.23     Missed  -42.1​
 Sep. 30 2021  0.06        0.02       -0.83     Missed  -3,805
                                                        .4
 Jun. 30 2021  -0.82       -0.67      -1.08     Missed  -60.5
 This summary was machine generated August 2 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated