Titan International (TWI) to Release Earnings on Wednesday

Titan International (NYSE:TWI) is set to post its quarterly earnings results after the market closes on Wednesday, October 30th. Analysts expect Titan International to post earnings of $0.02 per share for the quarter. Titan International has set its Q3 2024 guidance at EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.

Titan International (NYSE:TWI) last announced its quarterly earnings results on Wednesday, July 31st. The industrial products company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.15). The business had revenue of $532.17 million for the quarter, compared to analysts’ expectations of $547.02 million. Titan International had a net margin of 1.55% and a return on equity of 12.23%. On average, analysts expect Titan International to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Titan International Trading Up 1.5 %

TWI opened at $7.27 on Wednesday. Titan International has a one year low of $6.71 and a one year high of $15.33. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.40 and a quick ratio of 1.38. The business has a 50 day simple moving average of $7.78 and a two-hundred day simple moving average of $8.38. The firm has a market capitalization of $529.77 million, a price-to-earnings ratio of 8.17 and a beta of 1.79.

Titan International Company Profile

Titan International, Inc, together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in the United States and internationally. The company operates in Agricultural, Earthmoving/Construction, and Consumer segments. It offers wheels, tires, and undercarriage systems and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment.