TPI Composites Inc expected to post a loss of 15 cents a share - Earnings Preview

Reuters
2024-11-06

* TPI Composites Inc is expected to show a fall in quarterly revenue when it reports results on November 7 for the period ending September 30 2024

* The Scottsdale Arizona-based company is expected to report a 1.3% decrease in revenue to $367.901 million from $372.86 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 15 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 10 "hold" and no "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 $4.15​, above​ its last closing price of $3.73. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

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. -1.70 -1.07 -1.90 Missed -77.5

30 2023

Mar. 31 2023 -0.41 -0.39 -0.88 Missed -128.3

Dec. 31 2022 -0.88 -0.69 -1.38 Missed -101.1

Sep. 30 2022 -0.27 -0.28 -0.39 Missed -38.6

This summary was machine generated November 6 at 14:36 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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