Titan International Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters10-31

* Titan International Inc reported a quarterly adjusted loss of 19 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of two analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from 1 cents to 2 cents per share.

* Revenue rose 11.5% to $447.99 million from a year ago; analysts expected $471.63 million.

* Titan International Inc's reported EPS for the quarter was a loss of 25 cents​.

* The company reported a quarterly loss of $18.25 million.

* Titan International Inc shares had fallen by 10.6% this quarter and lost 51.1% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 92.7% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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* Wall Street's median 12-month price target for Titan International Inc is 13.50

This summary was machine generated from LSEG data October 31 at 02:45 a.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

Sep. 30 2024 0.02 -0.19 Missed

Jun. 30 2024 0.25 0.10 Missed

Mar. 31 2024 0.45 0.29 Missed

Dec. 31 2023 0.28 0.34 Beat

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