Titan International Inc reports results for the quarter ended June 30 - Earnings Summary
Titan International Inc reports results for the quarter ended June 30 - Earnings Summary
Titan International Inc TWI.N reported quarterly adjusted earnings of 10 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of four analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -7 cents to -2 cents per share.
Revenue rose 5.2% to $484.77 million from a year ago; analysts expected $480.06 million.
Titan International Inc's reported EPS for the quarter was 9 cents.
The company reported quarterly net income of $5.76 million.
Titan International Inc shares had fallen by 0.8% this quarter and lost 2.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 235.7% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "buy"
Wall Street's median 12-month price target for Titan International Inc is $13.00, about 41.2% above its last closing price of $7.65
This summary was machine generated from LSEG data July 30 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.05 | 0.10 | Beat |
Mar. 31 2026 | 0.04 | 0.00 | Missed |
Dec. 31 2025 | -0.27 | -0.27 | Met |
Sep. 30 2025 | -0.01 | 0.04 | Beat |
Recent news on Titan International
See all newsAs Russia penalises European firms over Ukraine, US rivals largely spared (updated)
As Russia penalises European firms over Ukraine, US rivals largely spared
Brief: Titan International Signs Definitive Agreement To Sell ITM Business To Usco S.P.A.
Titan International Inc reports results for the quarter ended June 30 - Earnings Summary
Titan International Q2 revenue rises 5.2% on consumer segment growth