TPI Composites: Q2 Earnings Insights

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TPI Composites TPIC reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.

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

Earnings

TPI Composites missed estimated earnings by 17.07%, reporting an EPS of $-0.48 versus an estimate of $-0.41.

Revenue was down $6.47 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16 which was followed by a 0.81% drop in the share price the next day.

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

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.87 -1.57 0.03 -0.05
EPS Actual -0.71 -2.39 -0.83 -1.08
Revenue Estimate 389.61M 386.00M 483.68M 428.89M
Revenue Actual 384.87M 389.46M 479.60M 458.84M

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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