Titan International, Inc. Reports Second Quarter 2019 Results
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Titan International (TWI) Misses Q2 EPS by 25c, Revenues Miss
August 1, 2019 6:15 AM EDTTitan International (NYSE: TWI) reported Q2 EPS of ($0.12), $0.25 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $390.6 million versus the consensus estimate of $440.5 million.
"Our second quarter results reflect a continuation of the difficulties we faced in the first quarter from the global tariff battles and challenging farming conditions in the U.S. as we experienced declines in our sales and margins," commented Paul Reitz, President and Chief Executive Officer. "All you have to do is spend a little time driving around the Midwest to see how... More
