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TPI Composites (TPIC) Reports Q4 Loss, Misses Revenue Estimates
TPICTPI Composites(TPIC) ZACKS·2025-02-21 00:05

Financial Performance - TPI Composites reported a quarterly loss of 0.81pershare,significantlyworsethantheZacksConsensusEstimateofalossof0.81 per share, significantly worse than the Zacks Consensus Estimate of a loss of 0.39, and compared to earnings of 0.27pershareayearago,indicatinganearningssurpriseof−107.690.27 per share a year ago, indicating an earnings surprise of -107.69% [1] - The company posted revenues of 346.51 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 5.88%, and this represents an increase from year-ago revenues of 296.99million[2]−Overthelastfourquarters,TPICompositeshasnotsurpassedconsensusEPSestimatesandhastoppedconsensusrevenueestimatesonlyonce[2]StockPerformance−TPICompositesshareshavedeclinedapproximately24.9296.99 million [2] - Over the last four quarters, TPI Composites has not surpassed consensus EPS estimates and has topped consensus revenue estimates only once [2] Stock Performance - TPI Composites shares have declined approximately 24.9% since the beginning of the year, while the S&P 500 has gained 4.5% [3] - The current consensus EPS estimate for the upcoming quarter is -0.30 on revenues of 365.97million,andforthecurrentfiscalyear,itis−365.97 million, and for the current fiscal year, it is -0.90 on revenues of $1.53 billion [7] Industry Outlook - The Industrial Services industry, to which TPI Composites belongs, is currently ranked in the bottom 49% of over 250 Zacks industries, indicating a challenging environment [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact TPI Composites' stock performance [5][6]