Titan International (TWI) to Release Earnings on Wednesday

Titan International (NYSE:TWI) will be announcing its earnings results after the market closes on Wednesday, July 31st. Analysts expect the company to announce earnings of $0.25 per share for the quarter. Titan International has set its Q2 2024 guidance at EPS.Investors that are interested in registering for the company’s conference call can do so using this link.

Titan International (NYSE:TWI) last issued its quarterly earnings results on Wednesday, May 1st. The industrial products company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.15). Titan International had a return on equity of 17.27% and a net margin of 3.20%. The business had revenue of $482.21 million during the quarter, compared to analyst estimates of $537.32 million. During the same quarter last year, the company posted $0.53 EPS. On average, analysts expect Titan International to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Titan International Price Performance

Shares of NYSE:TWI opened at $8.37 on Tuesday. Titan International has a twelve month low of $6.71 and a twelve month high of $15.33. The company’s 50 day moving average is $7.71 and its 200 day moving average is $10.84. The company has a current ratio of 2.33, a quick ratio of 1.31 and a debt-to-equity ratio of 0.88. The company has a market cap of $609.93 million, a PE ratio of 9.40 and a beta of 1.86.

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.