TPI Composites: Q4 Earnings Insights

TPI Composites TPIC reported its Q4 earnings results on Thursday, February 22, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

TPI Composites missed estimated earnings by 85.23%, reporting an EPS of $-1.63 versus an estimate of $-0.88.

Revenue was down $105.29 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $1.13 which was followed by a 15.62% drop in the share price the next day.

Here's a look at TPI Composites's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.58 -1.01 -0.38 -0.69
EPS Actual -1.71 -1.90 -0.88 -1.38
Revenue Estimate 381.99M 389.53M 378.44M 440.33M
Revenue Actual 372.86M 381.27M 404.07M 402.28M

To track all earnings releases for TPI Composites visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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