Titan International, Inc. (NYSE:TWI): In response to a question on its Q4 earnings conference call, the company said that growth was “a little stronger right now than expected” and revenues could reach $2B in FY12, the high end of its previous guidance. Consensus for FY12 revenue is $2.01B.
The shares closed at $25.36, down $1.32, or 4.95%, on the day. Its market capitalization is $1.07 billion.
Deckers Outdoor Corp (NASDAQ:DECK): Consensus EPS estimate is $5.79. The company expects full year diluted earnings per share to be approximately flat with 2011 levels due primarily to the increase in sheepskin costs in 2012 compared to 2011, which the company projects to adversely impact profitability by approximately $1.40 per diluted share. This guidance assumes a gross profit margin decline of 200 basis points from 2011 levels due to an increase in costs of goods sold, partially offset by selective price increases, an increased contribution from retail sales, and the addition of the Sanuk brand for the full year.
The shares closed at $90.21, up $1.76, or 1.99%, on the day. Its market capitalization is $3.48 billion.
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