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

TPI Composites

05/08/2021 22:02

* TPI Composites Inc  TPIC.OQ  reported a quarterly adjusted
loss of $1.08​​ per share for the quarter ended in June. The
mean expectation of fourteen analysts for the quarter was for a
loss of 67 cents per share.
* Revenue rose 22.7% to $458.84 million from a year ago; 
analysts expected $451.03 million. 
* The mean earnings estimate of analysts had fallen by
about 453.2% in the last three months.​ 
* In the last 30 days eight analysts negatively revised earnings
estimates 
* TPI Composites Inc shares had fallen by 19.2% this quarter and
lost 25.9% so far this year.
* Wall Street's median 12-month price target for TPI Composites
Inc is $50.00 
* 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." 
This summary was machine generated August 5 at 09:02 p.m.  ​All
figures in US dollars unless otherwise stated