TPI Composites Inc reports results for the quarter ended in December - Earnings Summary

TPI Composites

24/02/2022 23:32

* TPI Composites Inc  TPIC.OQ  reported a quarterly adjusted
loss
of $2.23​​ per share for the quarter ended in December. The mean
expectation of sixteen analysts for the quarter was for a loss
of $1.57 per share.
    * Revenue fell 16.3% to $389.46 million from a year ago; 
analysts
expected $386.00 million. 
    * TPI Composites Inc's reported EPS for the quarter was a
loss of
$2.39​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * TPI Composites Inc shares had fallen by 34.9% this
quarter.
    * The company reported a quarterly loss of $93.32 million.
    * Wall Street's median 12-month price target for TPI
Composites
Inc is $26.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 8
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated February 24 at 11:32 p.m.
 ​All figures in US dollars unless otherwise stated