TPI Composites (TPIC) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended December 2024, TPI Composites (TPIC) reported revenue of $346.51 million, up 16.7% over the same period last year. EPS came in at -$0.81, compared to $0.27 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $368.13 million, representing a surprise of -5.88%. The company delivered an EPS surprise of -107.69%, with the consensus EPS estimate being -$0.39.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how TPI Composites performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Estimated megawatts: 2,516 compared to the 2,588 average estimate based on two analysts. Sets: 613 versus the two-analyst average estimate of 636. Utilization: 91% compared to the 91.8% average estimate based on two analysts. Manufacturing lines installed: 34 versus the two-analyst average estimate of 34. Dedicated manufacturing lines: 34 versus the two-analyst average estimate of 34. Net Sales- Field service, inspection and repair services: $10.50 million compared to the $10.73 million average estimate based on four analysts. The reported number represents a change of -16.6% year over year. Net Sales- Wind blade, tooling and other wind related: $336.01 million versus the four-analyst average estimate of $352.59 million. The reported number represents a year-over-year change of +19.3%. View all Key Company Metrics for TPI Composites here>>>Shares of TPI Composites have returned -9.6% over the past month versus the Zacks S&P 500 composite's +2.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TPI Composites, Inc. (TPIC): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks