TPI Composites (TPIC) PT Raised to $38 at JMP Securities

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Go back to TPI Composites (TPIC) PT Raised to $38 at JMP Securities

TPI Composites (TPIC) PT Raised to $35 at Cowen

August 8, 2018 6:50 AM EDT

Cowen raised its price target on TPI Composites (NASDAQ: TPIC) to $35.00 (from $30.00) while maintaining an Outperform rating.

Analyst Jeffrey Osborne said customers' pursuit of lower LCOE is leading to more transitions and line startups in FY18, which will impact profitability in the... More

TPI Composites, Inc. (TPIC) Misses Q2 EPS by 9c, Revenues Beat; Offers FY18 EPS Guidance Below Consensus

August 7, 2018 4:16 PM EDT

TPI Composites, Inc. (NASDAQ: TPIC) reported Q2 EPS of ($0.12), $0.09 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $230.6 million versus the consensus estimate of $241.25 million.

Net sales of $230.6 millionTotal billings of $237.4 millionNet loss of $4.1 million or $0.12 per diluted shareEBITDA of $10.1 million, with... More