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

TPI Composites

05/05/2022 22:01

* TPI Composites Inc  TPIC.OQ  reported a quarterly adjusted
loss
of 71 cents​​ per share for the quarter ended in March. The mean
expectation of fifteen analysts for the quarter was for a loss
of 87 cents per share.
    * Revenue fell 4.9% to $384.87 million from a year ago; 
analysts
expected $389.62 million. 
    * TPI Composites Inc's reported EPS for the quarter was a
loss
of 71 cents​.
    * The mean earnings estimate of analysts had fallen by
about 114.7% in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * TPI Composites Inc shares had fallen by 6.5% this
quarter and
lost 12.1% so far this year.
    * The company reported a quarterly loss of $29.93 million.
    * Wall Street's median 12-month price target for TPI
Composites
Inc is $15.00 
    * 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." 

This summary was machine generated May 5 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated