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SCOTTSDALE, Ariz., Oct. 12, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its third quarter 2023 results after the market close on Thursday, November 2, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.
Although the revenue and EPS for TPI Composites (TPIC) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
TPI Composites (TPIC) came out with a quarterly loss of $1.90 per share versus the Zacks Consensus Estimate of a loss of $0.88. This compares to loss of $0.48 per share a year ago.
TPI Composites expects to report weak Q2 2023 revenue and adjusted EBITDA. The company lowered its 2023 revenue forecast.
TPI Composites is an independent producer of wind blades for major wind energy companies like Vestas Wind Systems, General Electric, and Nordex SE. The company focuses on producing components close to the markets where wind energy is being installed, enabling it to offer competitive prices. TPI Composites' current valuation of $10-$12 or 0.60-0.7 price-to-sales ratio presents a potentially profitable opportunity for investors, but with a potentially rough ride.
SCOTTSDALE, Ariz., July 13, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its second quarter 2023 results after the market close on Thursday August 3, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.
TPI Composites missed earnings badly this morning, reporting losses more than twice as bad as feared. Sales of windmill blades rose smartly, while sales at the auto-body composites business flagged.
TPI Composites (TPIC) came out with a quarterly loss of $0.72 per share versus the Zacks Consensus Estimate of a loss of $0.41. This compares to loss of $0.71 per share a year ago.
SCOTTSDALE, Ariz., April 12, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its first quarter 2023 results after the market close on Wednesday, May 3, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.
TPI Composites, Inc. (TPIC) Q4 2022 Earnings Conference Call February 22, 2023 5:00 PM ET Corporate Participants Christian Edin - Investor Relations Bill Siwek - President and Chief Executive Officer Ryan Miller - Chief Financial Officer Conference Call Participants Justin Clare - ROTH MKM James West - Evercore ISI Julien Dumoulin-Smith - Bank of America Eric Stine - Craig-Hallum Greg Wasikowski - Webber Research Pavel Molchanov - Raymond James Jeff Osborne - Cowen & Company Operator Good afternoon, and welcome to TPI Composites' Fourth Quarter and Full Year 2022 Earnings Conference Call. Today's call is being recorded.