TWI Stock Recent News

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

CHICAGO , Oct. 10, 2023 /PRNewswire/ -- Titan International, Inc. will release its third quarter 2023 financial results, after the close of the market on Wednesday, November 1, 2023 to be followed by a teleconference and webcast on Thursday, November 2, 2023, at 9:00 a.m. Eastern Time.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

WEST CHICAGO, Ill. , Sept. 12, 2023  /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today announced that management will participate in the following investor conferences in the month of September: Barrington Fall Investment Conference on Thursday, September 14, 2023: David Martin, CFO, will participate in 1 on 1 investor meetings.

Titan International's fundamental performance has weakened, but its shares have continued to outperform the broader market. The company's cheap valuation and potential for future growth make it an attractive investment. Despite a drop in revenue and profitability, management remains optimistic about the long-term prospects of the company.

Earnings estimates have been contracting for both the current year and next year.

Titan International, Inc. (NYSE:TWI ) Q2 2023 Earnings Conference Call August 3, 2023 9:30 AM ET Company Participants Alan Snyder - Vice President, Financial Planning and Analysis Paul Reitz - President and Chief Executive Officer David Martin - Senior Vice President and Chief Financial Officer Conference Call Participants Stephen Ferazani - Sidoti Kirk Ludtke - Imperial Capital Lawrence Maria - William Blair Operator Good morning, ladies and gentlemen, and welcome to the Titan International Inc. Second quarter 2023 Earnings Conference Call. [Operator Instructions] It is now my pleasure to turn the floor over to Alan Snyder, Vice President, Financial Planning & Analysis and Investor Relations for Titan.

Titan International (TWI) came out with quarterly earnings of $0.43 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.79 per share a year ago.

Titan International, a producer and seller of wheel, tire, and undercarriage industrial equipment, has become an attractive investment opportunity due to improved financial performance and a decline in the company's share price. The company's bottom line performance has continued to improve, with net income expanding from $23.9 million to $31.8 million, and operating cash flow going from negative $18.5 million to positive $24.1 million. Despite a lack of estimates for the year, if current results are annualized, Titan International's shares appear to be cheap, with a forward price to earnings multiple of only 3, making it a soft 'buy' for investors.

Titan International, Inc. (NYSE:TWI ) Q1 2023 Results Conference Call May 4, 2023 9:00 AM ET Company Participants Alan Snyder - Vice President, Financial Planning and Analysis Paul Reitz - President and Chief Executive Officer David Martin - Senior Vice President and Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti & Company Kirk Ludtke - Imperial Capital Larry De Maria - William Blair Operator Good morning, ladies and gentlemen, and welcome to the Titan International, Inc., First Quarter 2023 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode, and we will open the floor for your questions and comments after the presentation.