TPI Composites Inc expected to post a loss of 67 cents a share - Earnings Preview

TPI Composites

03/08/2021 23:14

* TPI Composites Inc  TPIC.OQ   TPIC.O  is expected to show a
rise in quarterly revenue when it reports results on August 5. 
* The Scottsdale, Arizona-based company is expected to report 
 a 20.7% increase in revenue to $451.026 million from $373.82
million a year ago, according to the mean estimate from 13
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for TPI Composites Inc is
for a loss of 67 cents per share. For the same quarter last
year, the company reported a loss of $1.87 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 9 "strong buy" or "buy," 5
"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 $50​, about 21.7% above​ its last closing price
of $39.13. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  0.21        0.21       1.13      Beat    444.1​
 Jun. 30 2020  -0.23       -0.24      -1.87     Missed  -679.2
 Mar.          -0.29​      -0.32      -0.01     Beat    96.9​
 31​ 2020​                                              
 Dec. 31 2019  0.21        0.20       -0.02     Missed  -109.8
                                                        ​
 Sep. 30 2019  -0.02       0.00       -0.13     Missed  -3,150
 Jun. 30 2019  -0.28       -0.26      0.13      Beat    150.8
 This summary was machine generated August 3 at 22:14 GMT.  All
figures in US dollars unless otherwise stated