Titan International (NYSE:TWI) will report earnings after markets close on Wednesday, July 24th. Titan International, Inc. manufactures mounted tire and wheel systems for off-highway equipment used in agriculture, construction, mining, military, recreation, and grounds care. The Company has worldwide manufacturing and distribution facilities.
Here is your Cheat Sheet to Titan International Earnings:
Earnings Expectations: Analysts expect earnings of $0.47 per share on revenues of $597.82 million. Currently, the company’s P/E ratio stands at 12.37.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.57 to a profit $0.4. For the current year, the average estimate is a profit of $1.66, which is worse than the estimate ninety days ago.
Here’s how Titan International has been performing on an annual basis:
|Revenue ($) in millions||1,037||728||882||1,487||1,821|
|Diluted EPS ($)||1.09||-0.71||0.01||1.18||1.83|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||459.23||404.72||493.64||578.39|
|Diluted EPS ($)||0.84||0.39||-0.07||0.30|
Titan International has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)