Tecnoglass: Q1 Earnings Insights

Tecnoglass: Q1 Earnings Insights

 

Tecnoglass TGLS reported its Q1 earnings results on Wednesday, May 4, 2022 at 07:00 AM.

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

Earnings

Tecnoglass beat estimated earnings by 15.22%, reporting an EPS of $0.53 versus an estimate of $0.46.

Revenue was up $23.67 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 0.73% drop in the share price the next day.

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

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.41 0.35 0.31 0.22
EPS Actual 0.50 0.45 0.41 0.35
Revenue Estimate 129.36M 117.51M 106.22M 98.39M
Revenue Actual 131.82M 130.41M 121.71M 110.88M

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.

Posted In: BZI-RecapsEarningsNews