TPI Composites TPIC reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
TPI Composites missed estimated earnings by 131.58%, reporting an EPS of $-0.88 versus an estimate of $-0.38.
Revenue was up $19.20 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.69 which was followed by a 18.02% increase in the share price the next day.
Here's a look at TPI Composites's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.69 | -0.28 | -0.41 | -0.87 |
| EPS Actual | -1.38 | -0.39 | -0.48 | -0.71 |
| Revenue Estimate | 440.33M | 472.23M | 421.26M | 389.61M |
| Revenue Actual | 402.28M | 459.27M | 452.37M | 384.87M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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