TPI Composites Inc expected to post a loss of $1.57 a share - Earnings Preview

TPI Composites

23/02/2022 02:45

* TPI Composites Inc  TPIC.OQ   TPIC.O  is expected to show
a fall
in quarterly revenue when it reports  results on February 24. 
    * The Scottsdale Arizona-based  company is expected to
report  a
17.1% decrease in revenue to $386.004 million from $465.57
million a year ago, according to the mean estimate from 14
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for TPI Composites Inc
is for
a loss of $1.57 per share. For the same quarter last year, the
company reported earnings of 14 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 8
"hold" and 2 "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 $26​, about 62.3% above​ its last closing price
of $9.80. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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
 Mar. 31 2021  -0.17       -0.18      -0.05     Beat    71.9​
 Dec. 31 2020  0.11        0.12       0.14      Beat    13.1
 ​​Sep.        0.21        0.21       1.13      Beat    444.1
 30 2020                                                
 Jun. 30 2020  -0.23       -0.24      -1.87     Missed  -679.2
                                                        ​
 Mar. 31 2020  -0.29       -0.32      -0.01     Beat    96.9
 Dec. 31 2019  0.21        0.20       -0.02     Missed  -109.8
 This summary was machine generated February 23 at 02:45 GMT. 
All figures in US dollars  unless otherwise stated