TPI Composites Q2 EPS $(1.90) Misses $(1.01) Estimate
Portfolio Pulse from Benzinga Newsdesk
TPI Composites reported Q2 losses of $1.90 per share, missing the analyst consensus estimate of $1.01 by 88.12%. This represents a 295.83% increase in losses compared to the same period last year.
August 04, 2023 | 2:18 pm
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TPI Composites' Q2 losses were significantly higher than expected, which could negatively impact the company's stock price in the short term.
TPI Composites reported a significant miss on its Q2 earnings, with losses per share of $1.90 compared to the estimated $1.01. This represents a substantial increase in losses compared to the same period last year. Such a miss on earnings is typically viewed negatively by investors and could lead to a decrease in the company's stock price in the short term.
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