Titan International, Inc. Announces Strong Finish to 2020 and Welcomes In 2021
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Titan International (TWI) Misses Q4 EPS by 6c, Revenues Beat
March 4, 2021 6:04 AM ESTTitan International (NYSE: TWI) reported Q4 EPS of ($0.28), $0.06 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $326.9 million versus the consensus estimate of $300.85 million.
"The new year is already looking like a completely different story compared to 2020," stated Paul Reitz, President and Chief Executive Officer. "The confidence of U.S. farmers is at record levels with the tailwinds from strong commodity prices and healthy government payments received last year. Dealers are hungry for inventory as channels have been depleted to the lowest levels seen in the past 20... More
