TPI Composites Inc expected to post a loss of 35 cents a share - Earnings Preview

Reuters
19 Feb
TPI Composites Inc <tpic.oq> expected to post a loss of 35 cents a share - Earnings Preview </tpic.oq>
  • 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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