TPI Composites Inc expected to post a loss of 64 cents a share - Earnings Preview

TPI Composites

07/08/2024 01:11

* TPI Composites Inc  TPIC.OQ   TPIC.O  is expected to show
a fall
in quarterly revenue when it reports  results on August 8 for
the period ending June 30 2024
    * The Scottsdale Arizona-based  company is expected to
report a
17.9% decrease in revenue to $312.945 million from $381.27
million a year ago, according to the mean estimate from 11
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for TPI Composites Inc is
for a
loss of 64 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 9
"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 $4.00​, above​ its last closing price of $3.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024              -0.74      -1.30     Missed  -75.9
 Dec. 31 2024  -0.93       -0.88      0.31      Beat    135.2
 Sep. 30 2023  -0.60       -0.59      -1.71     Missed  -192.2
                                                        ​
 Jun. 30 2023  -1.70       -1.07      -1.90     Missed  -77.5
 ​​Mar.        -0.41       -0.39      -0.88     Missed  -128.3
 31 2023                                                
 Dec. 31 2022  -0.88       -0.69      -1.38     Missed  -101.1
                                                        ​
 Jan. 1 0001   -0.27       -0.28      -0.39     Missed  -38.6
 Jun. 30 2022  -0.40       -0.40      -0.48     Missed  -21.2
 This summary was machine generated August 7 at 00:11 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)