Titan International (TWI) Tops Q3 EPS by 3c, Revenues Miss
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Titan International, Inc. Reports Third Quarter 2018 Results
November 2, 2018 5:59 AM EDTQUINCY, Ill., Nov. 2, 2018 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported results for the third quarter ended September 30, 2018.
Net sales for the third quarter of 2018 were $384.7 million, representing an increase of 3.7 percent when compared to net sales of $371.0 million for the third quarter of 2017. Net sales increased nearly 10 percent on a constant currency basis. Net loss applicable to common shareholders for the third quarter of 2018 was $1.8 million, equal to $(0.03) per basic and diluted share, compared to a... More
