TPI Composites Inc is a leading manufacturer of composite wind blades and structures for the renewable energy sector, specializing in the production of advanced materials used in wind turbine blades
The company focuses on innovative manufacturing processes that enhance efficiency and reduce costs while promoting sustainability. TPI works closely with major wind turbine manufacturers to provide tailored solutions that meet the evolving demands of the renewable energy market. Additionally, TPI is involved in the emergence of electric vehicle markets by producing lightweight composite components that contribute to performance and energy efficiency. Through its commitment to quality and innovation, TPI Composites plays a crucial role in the transition towards cleaner energy sources.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
Global wind blade manufacturer TPI Composites (NASDAQTPIC) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 16.7% year on year to $346.5 million. The company’s full-year revenue guidance of $1.45 billion at the midpoint came in 8.6% below analysts’ estimates. Its GAAP loss of $1.03 per share was significantly below analysts’ consensus estimates.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at renewable energy stocks, starting with Generac (NYSEGNRC).
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how renewable energy stocks fared in Q3, starting with EnerSys (NYSEENS).
Let’s dig into the relative performance of TPI Composites (NASDAQTPIC) and its peers as we unravel the now-completed Q3 renewable energy earnings season.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how renewable energy stocks fared in Q3, starting with NuScale (NYSESMR).
U.S. election results and inflation concerns pressure renewable energy stocks. Morgan Stanley downgrades key clean tech players while backing GE Vernova and First Solar.
Global wind blade manufacturer TPI Composites (NASDAQTPIC) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 2.1% year on year to $380.8 million. The company expects the full year’s revenue to be around $1.35 billion, close to analysts’ estimates. Its GAAP loss of $0.81 per share was 464% below analysts’ consensus estimates.
