TPI Composites (NASDAQ:TPIC) reported its Q4 earnings results on Thursday, February 24, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
TPI Composites missed estimated earnings by 52.23%, reporting an EPS of $-2.39 versus an estimate of $-1.57.
Revenue was up $76.11 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.86 which was followed by a 16.5% drop in the share price the next day.
Here's a look at TPI Composites's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.03 | -0.05 | -0.15 | 0.12 |
| EPS Actual | -0.83 | -1.08 | -0.05 | 0.14 |
| Revenue Estimate | 483.68M | 428.89M | 411.04M | 449.69M |
| Revenue Actual | 479.60M | 458.84M | 404.68M | 465.57M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
