TPI Composites Inc expected to post a loss of 87  cents a share - Earnings Preview

TPI Composites

04/05/2022 03:02

* TPI Composites Inc  TPIC.OQ   TPIC.O  is expected to show
a fall
in quarterly revenue when it reports  results on May 5. 
    * The Scottsdale Arizona-based  company is expected to
report  a
3.7% decrease in revenue to $389.615 million from $404.68
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 87 cents per share. For the same quarter last year,
the company reported a loss of 5 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 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 $15​, above​ its last closing price of $12.01. ​​​
    * 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 2021  -1.61       -1.57      -2.23     Missed  -42.1
 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.        0.11        0.12       0.14      Beat    13.1
 31 2020                                                
 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. 31 2020  -0.29       -0.32      -0.01     Beat    96.9
 This summary was machine generated May 4 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated