Recap: Twin Disc Q3 Earnings

Shares of Twin Disc TWIN fell 8% after the company reported Q3 results.

Quarterly Results

Earnings per share came in at ($1.92), which may not compare to the estimate of ($0.11).

Revenue of $68,636,000 fell by 11.35% year over year, which beat the estimate of $56,350,000.

Guidance

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

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

How To Listen To The Conference Call

Date: May 01, 2020

Time: 02:03 PM ET

Webcast URL: http://public.viavid.com/player/index.php?id=139402

Technicals

Company's 52-week high was at $19.15

Company's 52-week low was at $5.00

Price action over last quarter: down 38.49%

Company Overview

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 controls systems. It derives most of its revenues through the sale of land-based transmissions.

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Posted In: EarningsNews
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