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Recap: Twin Disc Q1 Earnings

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Benzinga Insights
·1 min read
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Shares of Twin Disc (NASDAQ:TWIN) remained unaffected after the company reported Q1 results.

Quarterly Results

Earnings per share were up 37.50% over the past year to ($0.30), which beat the estimate of ($0.38).

Revenue of $46,143,000 declined by 22.17% from the same period last year, which beat the estimate of $42,900,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Twin Disc hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Oct 30, 2020

View more earnings on TWIN

Time: 11:00 AM

ET Webcast URL: http://public.viavid.com/player/index.php?id=141580

Recent Stock Performance

52-week high: $12.59

52-week low: $4.66

Price action over last quarter: down 18.58%

Company Profile

Twin Disc Inc is a United States-based firm engaged in the manufacture and sale of marine and heavy-duty off-highway power transmission equipment. The company operates its business through two reportable segments: Manufacturing and Distribution. Its products portfolio includes marine transmissions, surface drives, propellers, and boat management systems as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems.

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