Tecnoglass: Q4 Earnings Insights

Tecnoglass TGLS reported its Q4 earnings results on Thursday, February 29, 2024 at 04:30 PM.

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

Earnings

Tecnoglass beat estimated earnings by 5.0%, reporting an EPS of $0.8 versus an estimate of $0.76.

Revenue was down $16.52 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 5.0% increase in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.97 0.98 0.89 0.98
EPS Actual 0.98 1.12 1.08 1.09
Revenue Estimate 207.61M 208.90M 191.06M 201.79M
Revenue Actual 210.74M 225.28M 202.64M 211.12M

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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