TPI Composites Cuts 2023 Net Sales Guidance From $1.6B-$1.7B To $1.525B-$1.575B, Consensus $1.63B
Portfolio Pulse from Benzinga Newsdesk
TPI Composites has reduced its 2023 net sales guidance from $1.6B-$1.7B to $1.525B-$1.575B, which is below the consensus estimate of $1.63B.
July 26, 2023 | 8:27 pm
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TPI Composites has lowered its 2023 net sales guidance, which is now below the consensus estimate.
TPI Composites' reduction in its 2023 net sales guidance, which is now below the consensus estimate, could negatively impact investor sentiment and potentially lead to a decrease in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100