TPI Composites Inc expected to post a loss of 38 cents a share - Earnings Preview

TPI Composites

02/05/2023 03:08

* TPI Composites Inc  TPIC.OQ   TPIC.O  is expected to show
a fall
in quarterly revenue when it reports  results on May 3. 
    * The Scottsdale Arizona-based  company is expected to
report  a
1.7% decrease in revenue to $378.445 million from $384.87
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 38 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months. ​
    * Wall Street's median 12-month price target for TPI
Composites
Inc is $16.5​, above​ its last closing price of $11.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -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. 31 2022  -0.87       -0.87      -0.71     Beat    18.3
 ​​Dec.        -1.61       -1.57      -2.23     Missed  -42.1
 31 2021                                                
 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
 This summary was machine generated May 2 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated