Titan

Titan International, Inc. is a holding company engaged in the manufacture of wheels, tires, and undercarriage industrial. It operates through the following segments: Agricultural, Earthmoving and Construction, and Consumer. The Agricultural segment manufactures rims, wheels, and tires for use in various agricultural and forestry equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment. The Earthmoving and Construction segment produces rims, wheels, and tires for various types of off-the-road earthmoving, mining, military and construction equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, and backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators. The Consumer segment manufactures truck tires in Latin America and light truck tires in Russia and offers select products for turf and golf cart applications. The company was founded by John A. Stillwell in 1890 and is headquartered in West Chicago, IL.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Titan International achieves record Q4 results, eyes growth opportunities

Titan International delivered exceptional financial results in Q4 2022, setting new records in sales and profitability.
While facing some challenges in certain segments, the company's overall performance remains robust and promising.
With a positive outlook for 2023 and a focus on operational efficiency, Titan is well-positioned for continued success.

Titan (TWI) reports robust Q1 earnings, eyes growth opportunities

Titan (TWI) delivered a strong Q1 2023 performance with improved financial metrics and segment performance.
Challenges in the business climate and inventory adjustments were addressed, with opportunities identified in positive market segments and growth initiatives.
The company's strategic plan success, balance sheet transformation, and capital allocation plans were key highlights.
Overall, Titan remains resilient amidst challenges, poised for growth with a positive outlook for 2023.

Titan (TWI) reports robust Q2 results and optimistic outlook for 2024

Titan's Q2 performance showcased strong financial metrics and strategic accomplishments.
Challenges in inventory management and segment performance were addressed during the call.
Opportunities lie in continued investments, ERP implementation, and positive market trends.
Overall, Titan remains focused on enhancing operations and maintaining financial stability.

Titan International reports solid Q3 earnings amidst market challenges

Titan International's Q3 performance showcased financial stability, strong cash flow, and a focus on innovation in key markets.
While facing challenges in certain segments, the company's solid performance in the construction market and stable market shares highlight resilience.
Opportunities for growth exist through leveraging market strengths, addressing challenges, and focusing on innovation and effective cost management.

Titan's transformative acquisition of Carlstar drives strong Q4 performance

Titan's Q4 2023 performance was bolstered by the strategic acquisition of Carlstar, positioning the company for growth and synergies in the retail-oriented market.
Despite market conservatism and currency challenges, Titan remains optimistic about the combined entity's potential and aims to maintain a conservative leverage profile post-acquisition.
The acquisition deal structure, months of due diligence, and strategic fit between Titan and Carlstar highlight a well-thought-out move that benefits both companies and stakeholders.

Titan reports strong Q1 earnings, eyes synergies for growth

Titan's Q1 performance reflects solid revenues and EBITDA, with a focus on integration synergies and cost reductions. Challenges in market conditions and segment margins require strategic attention. Opportunities for growth through synergies and operational efficiencies are key for future success.

Titan International navigates challenges, eyes growth through strategic initiatives

Titan International faced challenges in Q3 2024 due to weaker customer demand and margin pressures. However, the company's focus on working capital management and strategic initiatives for growth signal resilience. Leveraging synergies with Carlstar and focusing on innovation position Titan for future success.

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20 stocks likely to lag the S&P 500 over the next year — for this one reason

WEST CHICAGO, Ill. , Nov. 7, 2024 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today announced that management will participate in the following upcoming investor conferences: Baird Global Industrial Conference on Wednesday, November 13, 2024 (Chicago, IL): Paul Reitz, CEO will participate in 1 on 1 investor meetings.

TITAN INTERNATIONAL, INC. TO PARTICIPATE IN UPCOMING INVESTOR CONFERENCES

Titan International, Inc. (NYSE:TWI ) Q3 2024 Results Conference Call October 31, 2024 9:30 AM ET Company Participants Alan Snyder - Vice President, Financial Planning and Investor Relations Paul Reitz - President and Chief Executive Officer David Martin - Senior Vice President and Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti Brian Lantier - Zacks Research Kirk Ludtke - Imperial Capital Operator Good morning, ladies and gentlemen and welcome to the Titan International, Inc. Third Quarter 2024 Earnings Conference Call. [Operator Instructions] It is now my pleasure to turn the floor over to Alan Snyder, Vice President, Financial Planning and Investor Relations for Titan.

Titan International, Inc. (TWI) Q3 2024 Earnings Call Transcript

Delivers Results Reflective of Industry Conditions, with strong Free Cash Flow of $42 Million and Adjusted EBITDA of $20 Million Recent Interest Rate Decreases and Expected Clarity on Trade Policy Should Support Improving Conditions in 2025 WEST CHICAGO, Ill. , Oct. 30, 2024 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported financial results for the third quarter ended September 30, 2024.

Titan International, Inc. Reports Third Quarter Financial Performance

CHICAGO , Oct. 21, 2024 /PRNewswire/ -- Titan International, Inc. announced it completed the repurchase of 8.0 million shares of common stock from MHR Fund Management for $57.6 million ($7.20 per share) in cash.  MHR Fund Management is led by Mark Rachesky, who has been a member of Titan International Inc's Board of Directors since 2014.

Titan International, Inc. Repurchases 8.0 Million Shares from MHR Fund Management

VPO offers a high-performing, durable alternative to tweel wheels CHICAGO , Oct. 15, 2024 /PRNewswire/ -- Titan International Inc. (Titan) and the recently acquired Carlstar Group are proud to announce the launch of its Variable Pressure Operation (VPO™) Technology™ at Equip Exposition, from October 15-18 in Louisville, Kentucky. This innovative flat-proof technology offers a versatile solution as an alternative to tweel wheels, and other airless polyurethane spoke wheel options, by providing the ability to effectively operate machinery at various inflation pressures — even down to zero psi.

Titan to launch VPO™ Technology at Equip Expo 2024

CHICAGO , Oct. 9, 2024 /PRNewswire/ -- Titan International, Inc. will release its third quarter 2024 financial results after the close of the market on Wednesday, October 30, 2024 to be followed by a teleconference and webcast on Thursday, October 31, 2024 at 9:00 a.m. Eastern Time.

Titan International, Inc. to Announce Third Quarter 2024 Financial Results on October 30

Titan International is a leading global manufacturer of wheels, tires, and undercarriage products for sectors outside regular autos and semis. The company's acquisition of Carlstar has strengthened its market penetration, while maintaining a strong balance sheet. Shares are trading close to tangible book value, making it a potential takeover or take private proposition with a strong business setup and manageable debt load.

The Bottom Fishing Club: Titan International Near Recession-Low Valuation, What Gives?

Titan International, Inc. (NYSE:TWI ) Q2 2024 Earnings Call August 1, 2024 9:00 AM ET Company Participants Alan Snyder - Vice President, Financial Planning and Investor Relations Paul Reitz - President and Chief Executive Officer David Martin - Senior Vice President and Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti Tom Kerr - Zacks Small-Cap Research Kirk Ludtke - Imperial Capital Operator Good morning, ladies and gentlemen and welcome to the Titan International, Inc. Second Quarter 2024 Earnings Conference Call. [Operator Instructions] It is now my pleasure to turn the floor over to Alan Snyder, Vice President, Financial Planning and Investor Relations for Titan.

Titan International, Inc. (TWI) Q2 2024 Earnings Call Transcript

Delivers Strong Results Despite Challenging Industry Conditions, with Free Cash Flow of $53 million; Adjusted EBITDA of $49 Million; and Adjusted EPS of $0.10 Solid Balance Sheet Combined with Operational Diversity From Carlstar Acquisition Expected to Continue Yielding Positive Results WEST CHICAGO, Ill. , July 31, 2024 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported financial results for the second quarter ended June 30, 2024.

Titan International, Inc. Reports Second Quarter Financial Performance

CHICAGO , July 10, 2024 /PRNewswire/ -- Titan International, Inc. will release its second quarter 2024 financial results after the close of the market on Wednesday, July 31, 2024 to be followed by a teleconference and webcast on Thursday, August 1, 2024 at 9:00 a.m. Eastern Time.

Titan International, Inc. to Announce Second Quarter 2024 Financial Results on July 31

Titan International is a leading producer of specialty tires for various industries, facing challenges due to high interest rates impacting the farming sector. Stock price has dropped significantly, but recent strategic moves and low valuation suggest potential for rebound. Potential upside catalysts include expected interest rate cuts and recent acquisition, while downside risks include trade issues and economic downturn.

Titan International: A Chance To Buy This $7 Stock At What Could Be Cyclical Lows

WEST CHICAGO, Ill. , June 4, 2024 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today announced that management will participate in the upcoming Wells Fargo Industrials Conference in Chicago, IL.

TITAN INTERNATIONAL, INC. TO PARTICIPATE IN WELLS FARGO INDUSTRIALS CONFERENCE

WEST CHICAGO, Ill. , May 29, 2024 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported that its board of directors plans to discuss with its largest shareholder, American Industrial Partners ("AIP"), a possible amendment of the parties' Stockholder Agreement to allow AIP to increase its ownership of TWI common stock in open market purchases.

Titan International, Inc. Reports Intention to Discuss Amendment of Stockholder Agreement to Permit American Industrial Partners to Increase Its Ownership in Company

Titan International, Inc. (NYSE:TWI ) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Alan Snyder - Vice President, Financial Planning & Investor Relations Paul Reitz - President & Chief Executive Officer David Martin - Senior Vice President & Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti & Company Tom Kerr - Zacks Investment Research Kirk Ludtke - Imperial Capital Alexander Blanton - Clear Harbor Asset Management Operator Good morning, ladies and gentlemen, and welcome to the Titan International, Incorporated First Quarter 2024 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode, and we will open the floor for your questions and comments after the presentation.

Titan International, Inc. (TWI) Q1 2024 Earnings Call Transcript

Delivers Solid Profitability with Adjusted EBITDA of $50 Million and Adjusted EPS of $0.29 Integration of Carlstar Driving 'One Stop Shop' Positioning in Ag and Consumer Segments for Long-Term growth WEST CHICAGO, Ill. , May 1, 2024 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today reported financial results for the first quarter ended March 31, 2024.

Titan International, Inc. Reports First Quarter Financial Performance

CHICAGO , April 10, 2024 /PRNewswire/ -- Titan International, Inc. will release its first quarter 2024 financial results after the close of the market on Wednesday, May 1, 2024 to be followed by a teleconference and webcast on Thursday, May 2, 2024 at 9:00 a.m. Eastern Time.

Titan International, Inc. to Announce First Quarter 2024 Financial Results on May 1

Titan International, Inc. (TWI) Q4 2023 Earnings Call Transcript

FY 2023 Results Highlighted by Buoyant Margins and Strong Free Cash Flow Transformative Acquisition of Carlstar Group LLC. ("Carlstar") Expected to Add Strategic Diversification of Customer Base, Product Line, Manufacturing and Distribution WEST CHICAGO, Ill.

TITAN INTERNATIONAL, INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 FINANCIAL PERFORMANCE

Nashville, TN – based manufacturer of specialty wheels and tires will further strengthen and diversify Titan's product portfolio and distribution market channels and make Titan a "one-stop shop" within the specialty wheel and tire space Transformative addition includes global manufacturing and distribution which will complement and strengthen Titan's connections to customers around the world WEST CHICAGO, Ill. , Feb. 29, 2024 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today announced the acquisition of Carlstar Group LLC.

Titan International, Inc. Acquires Carlstar Group LLC

CHICAGO , Feb. 28, 2024 /PRNewswire/ -- Titan International, Inc. will be issuing fourth quarter 2023 financial results the morning of Thursday, February 29, 2024, at approximately 6AM Eastern Time.  The teleconference and webcast will be at the previously announced date and time on Thursday, February 29, 2024, at 9:00 a.m.

Titan International, Inc. to Issue Fourth Quarter 2023 Financial Results on February 29, 2024; Earnings Call Remains Unchanged

Titan International's shares have seen upside of 20.4% since September 2023, nearly doubling the performance of the S&P 500. Despite worsening fundamental conditions, the company remains of high quality and shares are still cheap enough to justify continued upside. This is in spite of the high likelihood that the industry will continue to push pain onto the business.

Titan International: Still A Solid Opportunity Heading Into Earnings

CHICAGO , Feb. 1, 2024 /PRNewswire/ -- Titan International, Inc. will release its fourth quarter 2023 financial results, after the close of the market on Wednesday, February 28, 2024 to be followed by a teleconference and webcast on Thursday, February 29, 2024, at 9:00 a.m. Eastern Time.

Titan International, Inc. to Announce Fourth Quarter 2023 Financial Results on February 28

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Titan International (TWI) Stock?

WEST CHICAGO, Ill. , Nov. 14, 2023 /PRNewswire/ -- Titan International, Inc. (NYSE: TWI) ("Titan" or the "Company"), a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products, today announced that management will participate in the following investor conferences in the month of November: Three Part Advisors Midwest IDEAS Conference on Wednesday, November 15, 2023 (Dallas, TX):  Paul Reitz, CEO and David Martin, CFO will participate in a formal presentation and 1 on 1 investor meetings.

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