Tecnoglass (NYSE:TGLS) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Tecnoglass beat estimated earnings by 21.35%, reporting an EPS of $1.08 versus an estimate of $0.89.
Revenue was up $68.09 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 6.59% increase in the share price the next day.
Here’s a look at Tecnoglass’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.98 | 0.71 | 0.57 | 0.46 |
| EPS Actual | 1.09 | 1.01 | 0.69 | 0.53 |
| Revenue Estimate | 201.79M | 169.75M | 149.08M | 133.47M |
| Revenue Actual | 211.12M | 201.78M | 169.12M | 134.55M |
To track all earnings releases for Tecnoglass visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
