TPI Composites Inc reports results for the quarter ended March 31 - Earnings Summary

TPI Composites

12/05/2025 22:01

TPI Composites Inc TPIC.OQ reported a quarterly adjusted loss of $1.01​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.30.  The mean expectation of eight analysts for the quarter was for a loss of 58 cents per share. Wall Street expected results to range from -80 cents to -40 cents per share.

Revenue rose 12.4% to $336.16 million from a year ago; analysts expected $311.93 million.

TPI Composites Inc's reported EPS for the quarter was a loss of $1.01​.

The company reported a quarterly loss of $48.31 million.

TPI Composites Inc shares had risen by 7.9% this quarter and lost 54.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 72.5% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the renewable energy equipment & services peer group is also "hold"

Wall Street's median 12-month price target for TPI Composites Inc is $2.00

This summary was machine generated from LSEG data May 12 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
-0.58
-1.01
Missed
Dec. 31 2024
-0.35
-1.01
Missed
Sep. 30 2024
-0.15
-0.84
Missed
Jun. 30 2024
-0.64
-1.92
Missed