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

TPI Composites

23/02/2023 15:54

* TPI Composites Inc  TPIC.OQ  reported a quarterly adjusted
loss
of $1.38​​ per share for the quarter ended in December. The mean
expectation of sixteen analysts for the quarter was for a loss
of 69 cents per share.
    * Revenue rose 3.3% to $402.28 million from a year ago;
analysts
expected $440.33 million. 
    * TPI Composites Inc's reported EPS for the quarter was a
loss of
$1.38​.
    * The mean earnings estimate of analysts had fallen by
about 30.4%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * TPI Composites Inc shares had risen by 17.7% this quarter.
    * The company reported a quarterly loss of $57.77 million.
    * Wall Street's median 12-month price target for TPI
Composites
Inc is $16.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 03:53 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.69          -1.38          Missed
 Sep. 30 2022      -0.28          -0.39          Missed
 Jun. 30 2022      -0.40          -0.48          Missed
 Mar. 31 2022      -0.87          -0.71          Beat