Titan International, Inc. Reports First Quarter 2021 Net Sales Up 18 Percent YoY
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Titan International (TWI) Tops Q1 EPS by 16c, Revenues Beat
May 6, 2021 6:21 AM EDTTitan International (NYSE: TWI) reported Q1 EPS of $0.22, $0.16 better than the analyst estimate of $0.06. Revenue for the quarter came in at $403.5 million versus the consensus estimate of $401.17 million.
"The positive momentum we highlighted during our most recent earnings release in March has continued and has increased further over the past couple of months," stated Paul Reitz, President and Chief Executive Officer. "The first quarter of 2021 was our strongest quarter since the first half of 2018 with net sales over $403 million and adjusted EBITDA above $26 million. These results are on the high side... More
