TPI Composites Inc <TPIC.OQ> expected to post a loss of 35 cents a share - Earnings Preview
TPI Composites Inc TPIC.OQ TPIC.O is expected to show a rise in quarterly revenue when it reports results on February 20 for the period ending December 31 2024
The Scottsdale Arizona-based company is expected to report a 22.7% increase in revenue to $364.339 million from $296.99 million a year ago, according to the mean estimate from 10 analysts, based on LSEG data.
LSEG's mean analyst estimate for TPI Composites Inc is for a loss of 35 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for TPI Composites Inc is $3.25, above its last closing price of $1.32.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.15 | -0.15 | -0.84 | Missed | -464.7 |
Jun. 30 2024 | -0.63 | -0.64 | -1.92 | Missed | -200 |
Mar. 31 2024 | -0.71 | -0.74 | -1.30 | Missed | -75.9 |
Dec. 31 2023 | -0.93 | -0.88 | 0.31 | Beat | 135.2 |
Sep. 30 2023 | -0.60 | -0.59 | -1.71 | Missed | -192.2 |
Jun. 30 2023 | -1.70 | -1.07 | -1.90 | Missed | -77.5 |
Mar. 31 2023 | -0.41 | -0.39 | -0.88 | Missed | -128.3 |
Dec. 31 2022 | -0.88 | -0.69 | -1.38 | Missed | -101.1 |
This summary was machine generated February 18 at 21:16 GMT. 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)
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