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TCP International Holdings (NASDAQ:TCPI) posted its quarterly earnings results on Thursday. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.03, AR Network reports. The company had revenue of $112.46 million for the quarter, compared to the consensus estimate of $105.57 million. The company’s revenue for the quarter was up 1.2% on a year-over-year basis.

A number of research firms have recently commented on TCPI. Analysts at Canaccord Genuity initiated coverage on shares of TCP International Holdings in a research note on Monday, July 21st. They set a “buy” rating and a $15.00 price target on the stock. On a related note, analysts at Cowen and Company initiated coverage on shares of TCP International Holdings in a research note on Monday, July 21st. They set an “outperform” rating and a $18.00 price target on the stock. Finally, analysts at Deutsche Bank initiated coverage on shares of TCP International Holdings in a research note on Monday, July 21st. They set a “buy” rating and a $15.00 price target on the stock.

Shares of TCP International Holdings (NASDAQ:TCPI) traded down 1.59% on Thursday, hitting $8.06. The stock had a trading volume of 98,899 shares. TCP International Holdings has a one year low of $7.86 and a one year high of $11.40. The stock’s 50-day moving average is $9.9 and its 200-day moving average is $9.9. The company has a market cap of $223.2 million and a P/E ratio of 15.08.

TCP International Holdings Ltd. (NASDAQ:TCPI) is a global provider of energy efficient light-emitting diode (LED) and compact fluorescent lamp (CFL) lighting technologies.

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