Titan International (TWI) Set to Announce Quarterly Earnings on Wednesday

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

Titan International (NYSE:TWI) last issued its quarterly earnings data on Wednesday, July 31st. The industrial products company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate 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 Stock Performance

Shares of TWI stock opened at $6.98 on Monday. The firm has a market cap of $508.64 million, a price-to-earnings ratio of 7.84 and a beta of 1.79. The company’s 50 day moving average is $7.76 and its 200 day moving average is $8.30. The company has a quick ratio of 1.38, a current ratio of 2.40 and a debt-to-equity ratio of 0.87. Titan International has a 52-week low of $6.71 and a 52-week high of $15.33.

About Titan International

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.