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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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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Are Investors Undervaluing Titan International (TWI) Right Now?

CHICAGO , Oct. 10, 2023 /PRNewswire/ -- Titan International, Inc. will release its third quarter 2023 financial results, after the close of the market on Wednesday, November 1, 2023 to be followed by a teleconference and webcast on Thursday, November 2, 2023, at 9:00 a.m. Eastern Time.

Titan International, Inc. to Announce Third Quarter 2023 Financial Results on November 1

WEST CHICAGO, Ill. , Sept. 12, 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 September: Barrington Fall Investment Conference on Thursday, September 14, 2023: David Martin, CFO, will participate in 1 on 1 investor meetings.

TITAN INTERNATIONAL, INC. TO PARTICIPATE IN SEPTEMBER INVESTOR CONFERENCES

Titan International's fundamental performance has weakened, but its shares have continued to outperform the broader market. The company's cheap valuation and potential for future growth make it an attractive investment. Despite a drop in revenue and profitability, management remains optimistic about the long-term prospects of the company.

Titan International: Additional Upside Is On The Table

TWI's share price has recovered well after a sharp fall, presenting a good investment opportunity with a low p/e ratio. TWI operates in the agricultural and consumer markets, specializing in tires, wheels, and undercarriage components. Despite a decrease in revenues, TWI's international presence and long-term growth potential make it a solid investment in my view.

Titan International Seems Like A Good Deal Right Now

Earnings estimates have been contracting for both the current year and next year.

Bear of the Day: Titan International (TWI)

WEST CHICAGO, Ill. , Aug. 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 two investor conferences in the month of August: Stifel Chicago Industrial Summit on Wednesday, August 16, 2023:  David Martin, Chief Financial Officer, will participate in an informal presentation and Q&A session at 8:45 AM ET Three Part Advisors Midwest IDEAS Conference on Wednesday, August 23, 2023: David Martin, Chief Financial Officer, will participate in a Formal Presentation and 1 on 1 investor meetings.

TITAN INTERNATIONAL, INC. TO PARTICIPATE IN AUGUST INVESTOR CONFERENCES

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Titan International, Inc. (NYSE:TWI ) Q2 2023 Earnings Conference Call August 3, 2023 9:30 AM ET Company Participants Alan Snyder - Vice President, Financial Planning and Analysis Paul Reitz - President and Chief Executive Officer David Martin - Senior Vice President and Chief Financial Officer Conference Call Participants Stephen Ferazani - Sidoti Kirk Ludtke - Imperial Capital Lawrence Maria - William Blair Operator Good morning, ladies and gentlemen, and welcome to the Titan International Inc. Second quarter 2023 Earnings Conference Call. [Operator Instructions] It is now my pleasure to turn the floor over to Alan Snyder, Vice President, Financial Planning & Analysis and Investor Relations for Titan.

Titan International, Inc. (TWI) Q2 2023 Earnings Call Transcript

Titan International (TWI) came out with quarterly earnings of $0.43 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.79 per share a year ago.

Titan International (TWI) Matches Q2 Earnings Estimates

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CHICAGO , July 12, 2023 /PRNewswire/ -- Titan International, Inc. will release its second quarter 2023 financial results, after the close of the market on Wednesday, August 2, 2023 to be followed by a teleconference and webcast on Thursday, August 3, 2023, at 9:30 a.m. Eastern Time.

Titan International, Inc. to Announce Second Quarter 2023 Financial Results on August 2

Entrepreneur Of The Year celebrates ambitious entrepreneurs who are building a better world CHICAGO, June 26, 2023 /PRNewswire/ -- Ernst & Young LLP (EY US) today announced that Paul Reitz, CEO of Titan International, Inc. — maker of Titan Tires, Titan Wheels, Goodyear® Farm Tires and ITM Steel Undercarriage (Titan) — was named an Entrepreneur Of The Year® 2023 Midwest Award winner. The Entrepreneur Of The Year Awards program is one of the preeminent competitive awards for entrepreneurs and leaders of high-growth companies.

Ernst & Young Announces Paul Reitz of Titan as Entrepreneur Of The Year® 2023 Midwest Award Winner

Titan International, a producer and seller of wheel, tire, and undercarriage industrial equipment, has become an attractive investment opportunity due to improved financial performance and a decline in the company's share price. The company's bottom line performance has continued to improve, with net income expanding from $23.9 million to $31.8 million, and operating cash flow going from negative $18.5 million to positive $24.1 million. Despite a lack of estimates for the year, if current results are annualized, Titan International's shares appear to be cheap, with a forward price to earnings multiple of only 3, making it a soft 'buy' for investors.

Titan International: Shares Have Gotten Cheap Enough At Last

Entrepreneur Of The Year celebrates ambitious entrepreneurs who are building bolder futures CHICAGO , May 11, 2023 /PRNewswire/ -- Ernst & Young LLP (EY US) today announced that Paul Reitz, CEO of Titan International, Inc. — maker of Titan Tires, Titan Wheels and Goodyear® Farm Tires (Titan) — has been named an Entrepreneur Of The Year® 2023 Midwest Award finalist. Now in its 37th year, Entrepreneur Of The Year is one of the preeminent competitive business awards for transformative entrepreneurs and leaders of high-growth companies who are building a more equitable, sustainable and prosperous world for all.

EY Names Paul Reitz of Titan as Entrepreneur Of The Year® 2023 Award Finalist

Titan International, Inc. (NYSE:TWI ) Q1 2023 Results Conference Call May 4, 2023 9:00 AM ET Company Participants Alan Snyder - Vice President, Financial Planning and Analysis Paul Reitz - President and Chief Executive Officer David Martin - Senior Vice President and Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti & Company Kirk Ludtke - Imperial Capital Larry De Maria - William Blair Operator Good morning, ladies and gentlemen, and welcome to the Titan International, Inc., First Quarter 2023 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 2023 Earnings Call Transcript

Titan International (TWI) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.44 per share a year ago.

Titan International (TWI) Beats Q1 Earnings Estimates

Titan International (TWI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Titan International (TWI) Earnings Expected to Grow: Should You Buy?

CHICAGO , April 12, 2023 /PRNewswire/ -- Titan International, Inc. will release its first quarter 2023 financial results, after the close of the market on Wednesday, May 3 rd to be followed by a teleconference and webcast on Thursday, May 4th, at 9:00 a.m. Eastern Time.

TITAN INTERNATIONAL, INC. TO ANNOUNCE FIRST QUARTER 2023 FINANCIAL RESULTS ON MAY 3rd

TWI posted solid FY22 and Q4 FY22 results. Their sales and income grew significantly in FY22. The management has provided optimistic revenue guidance for FY23.

Titan International: Undervalued Stock With Strong Financials

Titan International, Inc. (NYSE:TWI ) Q4 2022 Earnings Conference Call February 28, 2023 9:00 AM ET Company Participants Alan Snyder – Vice President, Financial Planning and Analysis Paul Reitz – President and Chief Executive Officer David Martin – Senior Vice President and Chief Financial Officer Conference Call Participants Steve Ferazani – Sidoti Larry DeMaria – William Blair Kirk Ludtke – Imperial Capital Operator Good morning, ladies and gentlemen, and welcome to the Titan International Incorporated Fourth Quarter 2022 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) Q4 2022 Earnings Call Transcript

Titan International (TWI) delivers y/y improvement in Q4 earnings and revenues, courtesy of improved pricing.

Titan International (TWI) Q4 Earnings Lag Estimates, Rise Y/Y

Titan International (TWI) delivered earnings and revenue surprises of -2.22% and 2.59%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

News for Titan Stock (TWI)