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

TPI Composites

03/11/2022 21:03

* TPI Composites Inc  TPIC.OQ  reported a quarterly adjusted
loss
of 39 cents​​ per share for the quarter ended in September. The
mean expectation of sixteen analysts for the quarter was for a
loss of 28 cents per share.
    * Revenue fell 4.2% to $459.27 million from a year ago;
analysts
expected $472.23 million. 
    * TPI Composites Inc's reported EPS for the quarter was a
loss
of 39 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.7%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * TPI Composites Inc shares had fallen by 14.1% this
quarter and
lost 35.2% so far this year.
    * The company reported a quarterly loss of $16.44 million.
    * Wall Street's median 12-month price target for TPI
Composites
Inc is $18.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
3 at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -1.57          -2.23          Missed