Twin Disc: Q2 Earnings Insights
Shares of Twin Disc (NASDAQ:TWIN) were unchanged after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 43.48% over the past year to ($0.33), which missed the estimate of ($0.19).
Revenue of $48,438,000 decreased by 18.64% year over year, which missed the estimate of $50,650,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Jan 29, 2021
Time: 11:00 AM
ET Webcast URL: http://public.viavid.com/player/index.php?id=142972
Technicals
Company's 52-week high was at $10.53
52-week low: $4.66
Price action over last quarter: Up 80.92%
Company Description
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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