The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Titan International's revenues will expand 30.1% and EPS will decrease -16.1%.
The average estimate for revenue is $597.4 million. On the bottom line, the average EPS estimate is $0.47.
Last quarter, Titan International chalked up revenue of $578.4 million. GAAP reported sales were 25% higher than the prior-year quarter's $463.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.36. GAAP EPS of $0.30 for Q1 were 56% lower than the prior-year quarter's $0.68 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 16.1%, 360 basis points worse than the prior-year quarter. Operating margin was 8.3%, 440 basis points worse than the prior-year quarter. Net margin was 3.4%, 420 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.34 billion. The average EPS estimate is $1.76.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 222 members out of 245 rating the stock outperform, and 23 members rating it underperform. Among 69 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 65 give Titan International a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Titan International is hold, with an average price target of $28.00.
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