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MarketScreener Homepage  >  Equities  >  Nasdaq  >  TPI Composites, Inc.    TPIC

TPI COMPOSITES, INC.

(TPIC)
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TPI Composites: 3Q Earnings Snapshot

11/05/2020 | 05:41pm EST

SCOTTSDALE, Ariz. (AP) _ TPI Composites Inc. (TPIC) on Thursday reported third-quarter net income of $42.4 million, after reporting a loss in the same period a year earlier.

The Scottsdale, Arizona-based company said it had profit of $1.13 per share. Earnings, adjusted for pretax gains, came to 69 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.

The maker of composite wind blades posted revenue of $474.1 million in the period.

For the current quarter ending in December, TPI Composites said it expects revenue in the range of $435 million to $455 million.

The company expects full-year revenue in the range of $1.64 billion to $1.66 billion.

TPI Composites shares have more than doubled since the beginning of the year. In the final minutes of trading on Thursday, shares hit $37.44, an increase of 73% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TPIC at https://www.zacks.com/ap/TPIC

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

All news about TPI COMPOSITES, INC.
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Financials (USD)
Sales 2020 1 654 M - -
Net income 2020 -18,9 M - -
Net Debt 2020 102 M - -
P/E ratio 2020 -117x
Yield 2020 -
Capitalization 2 221 M 2 221 M -
EV / Sales 2020 1,40x
EV / Sales 2021 1,28x
Nbr of Employees 13 300
Free-Float 83,6%
Chart TPI COMPOSITES, INC.
Duration : Period :
TPI Composites, Inc. Technical Analysis Chart | TPIC | US87266J1043 | MarketScreener
Technical analysis trends TPI COMPOSITES, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Average target price 56,73 $
Last Close Price 62,14 $
Spread / Highest target 25,5%
Spread / Average Target -8,71%
Spread / Lowest Target -51,7%
EPS Revisions
Managers and Directors
NameTitle
William E. Siwek President & Chief Executive Officer
Steven C. Lockard Chairman
Thomas J. Castle Senior VP-Operations & Strategic Markets
Bryan Robert Schumaker Chief Financial Officer
Theo Gibson Chief Information Officer