© SAgbley
Titan International, Inc. (NYSE:TWI) shares edged 1.9% higher in premarket trading Thursday after the off-highway wheel and tire manufacturer posted third-quarter earnings and revenue that surpassed analyst forecasts, supported by solid performance across its agriculture and earthmoving/construction divisions.
The company reported adjusted earnings of $0.04 per share, topping Wall Street’s estimate of a $0.03 loss. Revenue climbed 4% year-over-year to $466 million, above the consensus forecast of $458.74 million, landing at “the high end” of its internal guidance range.
“Our Q3 2025 results were at the high end of our expectations as the strength of our One Titan Team combined with the diversity of our operations to deliver solid financial performance,” said Paul Reitz, President and Chief Executive Officer.
Gross margin expanded to 15.2% from 13.1% a year earlier, while adjusted EBITDA grew to $29.8 million, up from $20.5 million in the same quarter of 2024. The company also generated $30 million in free cash flow, reflecting improved operational efficiency.
By segment, Agriculture led growth with a 7.6% increase in revenue to $188.7 million, followed by the Earthmoving/Construction segment, which posted a 6.6% rise to $145.4 million. Meanwhile, the Consumer division saw a modest 2.8% decline to $132.4 million.
Looking ahead, CFO David Martin projected fourth-quarter sales between $385 million and $410 million, with adjusted EBITDA expected to come in around $10 million.
“We continue to demonstrate focus on what we do best in serving our customers well with a strong product portfolio while reinforcing our competitive positioning,” Reitz added, emphasizing that the company remains well-positioned to benefit from a recovery in OEM demand as global trade conditions evolve.
Titan International stock price
Join the discussion: Connect with other investors on your favorite stocks or explore the top-talked-about stocks on our Breakout Boards.
This article was written by the editorial team at InvestorsHub/ADVFN and is provided for informational purposes only. In some cases, editorial staff may use artificial intelligence–based tools to assist in the research, drafting, or editing of content, under human review and oversight. This article does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. The views expressed are based on publicly available information believed to be reliable at the time of publication, but accuracy or completeness is not guaranteed. Readers should conduct their own independent research and consult a qualified financial professional before making any investment decisions.
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.