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Titan International (TWI) delivered earnings and revenue surprises of 10.20% and 1.59%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Titan International (TWI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
CHICAGO , Oct. 18, 2022 /PRNewswire/ -- Titan International, Inc. will release its third quarter 2022 financial results, after the close of the market on Monday, November 7th to be followed by a teleconference and webcast on Tuesday, November 8th, at 9:00 a.m. Eastern Time.
Backed by solid demand and upbeat growth estimates, Titan International (TWI) stock is worth retaining in one's portfolio.
Titan International's explosive Q2-22 results are consistent with the company's growth trajectory over the last two years. With competitors buckling under the pressure of war, sanctions, and COVID-19 lockdowns, Titan International is experiencing a surge in global demand.
Titan International's (TWI) net sales of $573 million in Q222 mark the maximum quarterly revenue figure since Q213. Besides, an upbeat outlook for the ongoing year contributes to share price uptick.
Titan International: The combination of unfulfilled retail demand, inventory replenishment, strong financial position of farmers, and a robust cycle leads to strong product demand for the coming years. The company's net income was $67.17 million or a diluted EPS of $1.06, which is a 2522.32% growth compared to the $2.8 million loss or ($0.04) diluted loss per common.
Titan International, Inc. (NYSE:TWI ) Q2 2022 Earnings Conference Call August 2, 2022 9:30 AM ET Company Participants Todd Shoot - Senior Vice President, Investor Relations and Treasurer Paul Reitz - President and CEO David Martin - Senior Vice President and CFO Conference Call Participants Steve Ferazani - Sidoti Kirk Ludtke - Imperial Capital Operator Good morning, ladies and gentlemen. And welcome to Titan International, Inc. Second Quarter 2022 Earnings Conference Call.
Titan International (TWI) delivered earnings and revenue surprises of 19.70% and 1.62%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Titan International's (TWI) Q2 results are likely to reflect benefits from higher agricultural commodity prices, improved demand and pricing actions.