Titan International, Inc. Reports Second Quarter 2018 Net Sales Up 18 Percent YOY and the Sixth Consecutive YOY Quarterly Increase

Go back to Titan International, Inc. Reports Second Quarter 2018 Net Sales Up 18 Percent YOY and the Sixth Consecutive YOY Quarterly Increase

Titan International (TWI) Reports Q2 EPS of $0.02, Revenues Beat

August 3, 2018 6:02 AM EDT

Titan International (NYSE: TWI) reported Q2 EPS of $0.02, versus $0.18 reported last year. Revenue for the quarter came in at $428.9 million versus the consensus estimate of $427.32 million.

"Titan experienced another strong quarter of double-digit, year-over-year quarterly revenue growth, along with delivering improved operational performance," stated Paul Reitz, President and Chief Executive Officer. "It's great to continue our positive EPS trend and the momentum in our net sales as we reported our sixth consecutive quarter of double-digit sales gains with our top line growth improving an average of nearly 20 percent in each of... More