TPI Composites, Inc. Announces Third Quarter 2021 Earnings Results – Added New Lines in China for Vestas and Secures Strategic Investment from Oaktree Capital Management of up to $600 Million

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Go back to TPI Composites, Inc. Announces Third Quarter 2021 Earnings Results – Added New Lines in China for Vestas and Secures Strategic Investment from Oaktree Capital Management of up to $600 Million

Roth Capital Downgrades TPI Composites (TPIC) to Neutral

November 9, 2021 7:50 AM EST

Roth Capital analyst Philip Shen downgraded TPI Composites (NASDAQ: TPIC) from to Neutral with a price target of $29.00 (from $50.00).7

The analyst comments "TPIC delivered a Q3 miss and cut its 2021 adjusted EBITDA guidance. Despite shoring up its B/S with an infusion... More

TPI Composites (TPIC) PT Lowered to $36 at Needham & Company

November 9, 2021 6:42 AM EST

Needham & Company analyst Jeffrey Osborne lowered the price target on TPI Composites (NASDAQ: TPIC) to $36.00 (from $42.00) while maintaining a Buy rating.

The analyst commented, "Lowered FY21 guidance was expected given headwinds from top TPI customers, though FY22 and FY23 appear more challenged than... More

TPI Composites, Inc. (TPIC) Misses Q3 EPS by 86c, Offers Guidance

November 8, 2021 4:57 PM EST

TPI Composites, Inc. (NASDAQ: TPIC) reported Q3 EPS of ($0.83), $0.86 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $479.6 million versus the consensus estimate of $482.32 million.

GUIDANCE:

TPI Composites, Inc. sees FY2021 revenue of $1.72-1.74 billion, versus the consensus of... More