Titan International (TWI) Misses Q4 EPS by 16c, Revenues Miss
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Titan International, Inc. Reports 2018 Results
March 7, 2019 5:59 AM ESTQUINCY, Ill., March 7, 2019 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported results for the fourth quarter and year ended December 31, 2018.
Net sales for the full year of 2018 were $1.60 billion, representing an increase of 9.1 percent when compared to net sales of $1.47 billion in 2017. Net sales increased 11.3 percent on a constant currency basis. Net income applicable to common shareholders for the full year 2018 was $3.9 million, equal to $0.06 per basic and diluted share, compared to a loss of $66.4 million, equal... More
