TPI Composites Inc expected to post a loss of 59 cents a share - Earnings Preview

TPI Composites

01/11/2023 02:43

* TPI Composites Inc  TPIC.OQ   TPIC.O  is expected to show
a fall
in quarterly revenue when it reports  results 
    * The Scottsdale Arizona-based  company is expected to
report  a
16.9% decrease in revenue to $381.629 million from $459.27
million a year ago, according to the mean estimate from 11
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for TPI Composites Inc
is for
a loss of 59 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "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 $9.5​, above​ its last closing price of $2.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -1.70       -1.07      -1.90     Missed  -77.5
 Mar. 31 2023  -0.41       -0.39      -0.88     Missed  -128.3
 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.        -0.40       -0.40      -0.48     Missed  -21.2
 30 2022                                                
 Mar. 31 2022  -0.87       -0.87      -0.71     Beat    18.3​
 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
 This summary was machine generated November 1 at 02:43 GMT.  All
figures in US dollars  unless otherwise stated