TPI Composites (TPIC) Reports Q2 Loss, Misses Revenue Estimates

TPI Composites (TPIC) came out with a quarterly loss of $1.23 per share versus the Zacks Consensus Estimate of a loss of $0.69. This compares to loss of $1.90 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -78.26%. A quarter ago, it was expected that this maker of composite wind blades would post a loss of $0.72 per share when it actually produced a loss of $1.31, delivering a surprise of -81.94%. Over the last four quarters, ...