Twin Disc (TWIN) Announces Quarterly Earnings, Misses Expectations By $0.02 EPS
Twin Disc (NASDAQ:TWIN) posted its quarterly earnings results on Tuesday. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by $0.02, Analyst Ratings Network reports. The company had revenue of $66.43 million for the quarter, compared to the consensus estimate of $69.25 million.
Shares of Twin Disc (NASDAQ:TWIN) opened at 27.11 on Tuesday. Twin Disc has a one year low of $13.70 and a one year high of $27.72. The stock’s 50-day moving average is $25.88 and its 200-day moving average is $24.57. The company has a market cap of $305.1 million and a P/E ratio of 79.74.
Several analysts have recently commented on the stock. Analysts at TheStreet upgraded shares of Twin Disc from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, September 4th.
Twin Disc, Incorporated designs, manufactures and sells marine and heavy duty off-highway power transmission equipment.
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