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

TPI Composites

06/05/2021 22:51

* TPI Composites Inc  TPIC.OQ  reported a quarterly adjusted
loss of 5 cents​​ per share for the quarter ended in March. The
mean expectation of twelve analysts for the quarter was for a
loss of 18 cents per share.
* Revenue rose 13.5% to $404.68 million from a year ago​; 
analysts expected $410.69 million.
* The mean earnings estimate of analysts had fallen by
about 156.9% in the last three months.​ 
* In the last 30 days two analysts negatively revised earnings
estimates 
* TPI Composites Inc shares had fallen by 14.2% this quarter and
lost 8.3% so far this year.
* The company reported a quarterly loss of $1.8 million.
* Wall Street's median 12-month price target for TPI Composites
Inc is $65.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 6 at 09:51 p.m. GMT. ​All
figures in US Dollars.​