Feltl & Co Upgrades Titan International (TWI) to Buy
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Titan Int'l (TWI) Tops Q1 EPS by 5c, Sales Light
April 30, 2015 8:29 AM EDTTitan Int'l (NYSE: TWI) reported Q1 EPS of $0.01, $0.05 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $402.1 million versus the consensus estimate of $465.9 million.
CEO and Chairman, Maurice Taylor comments, "The first quarter demonstrates that the initiatives undertaken by Titan last year were the appropriate actions and should pay dividends as we go forward. North America large agriculture is down approximately 35 percent, and we believe it will remain that way for the balance of 2015. We also believe our market share will continue to grow as Titan's recently introduced products... More
