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

Titan International (NYSE:TWI) is scheduled to announce its earnings results 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.Investors interested in registering for the company’s conference call can do so using this link.

Titan International (NYSE:TWI) last issued its earnings results on Wednesday, July 31st. The industrial products company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.15). Titan International had a net margin of 1.55% and a return on equity of 12.23%. The firm had revenue of $532.17 million during the quarter, compared to analyst estimates of $547.02 million. 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 Price Performance

Shares of NYSE TWI opened at $7.27 on Tuesday. Titan International has a fifty-two week low of $6.71 and a fifty-two week high of $15.33. The stock has a market cap of $524.60 million, a price-to-earnings ratio of 16.52 and a beta of 1.79. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.38 and a current ratio of 2.40. The firm’s 50-day simple moving average is $7.75 and its 200 day simple moving average is $8.24.

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.