Recap: Tecnoglass Q3 Earnings

Tecnoglass TGLS reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM.

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

Earnings

Tecnoglass beat estimated earnings by 42.25%, reporting an EPS of $1.01 versus an estimate of $0.71.

Revenue was up $71.37 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12 which was followed by a 5.2% increase in the share price the next day.

Here's a look at Tecnoglass's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.57 0.46 0.41 0.35
EPS Actual 0.69 0.53 0.50 0.45
Revenue Estimate 149.08M 133.47M 129.36M 117.51M
Revenue Actual 169.12M 134.55M 131.82M 130.41M

To track all earnings releases for Tecnoglass visit their earnings calendar here.

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

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