TWI Stock Recent News

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.

Titan International (TWI) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.44 per share a year ago.

TWI posted solid FY22 and Q4 FY22 results. Their sales and income grew significantly in FY22. The management has provided optimistic revenue guidance for FY23.

Titan International, Inc. (NYSE:TWI ) Q4 2022 Earnings Conference Call February 28, 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 Larry DeMaria – William Blair Kirk Ludtke – Imperial Capital Operator Good morning, ladies and gentlemen, and welcome to the Titan International Incorporated Fourth Quarter 2022 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.

Titan International (TWI) delivers y/y improvement in Q4 earnings and revenues, courtesy of improved pricing.