Twin Disc, Incorporated (NASDAQ:TWIN) manufacturer of power transmission equipments, is reporting first quarter earnings results on Friday 30th October 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.38 per share from $ 42.90 million in revenue.
For the full year, analysts predict revenues of $ 212.85 million, while looking forward to loss of $ 0.74 per share.
Previous Quarter Performance
Twin Disc, Incorporated unwinded loss for the fourth quarter of $ 0.13 per share, from the revenue of $ 59.38 million. The quarterly revenues down 18.04 percent compared with the same quarter last year. Wall street analysts are predicting, TWIN to report 4Q20 loss of $ 0.28 per share from revenue of $ 49.90 million. The bottom line results beat street analysts by $ 0.15 or 53.57 percent, at the same time, top line results outshined analysts by $ 9.48 million or 19.00 percent.
Stock Performance
Shares of Twin Disc, Incorporated traded up $ 0.14 or 2.67 percent on Thursday, reaching $ 5.39 with volume of 21.60 thousand shares. Twin Disc, Incorporated has traded high as $ 5.39 and has cracked $ 5.17 on the downward trend
According to the previous trading day, closing price of $ 5.39, representing a 12.66 % increase from the 52 week low of $ 4.66 and a 58.3 % decrease over the 52 week high of $ 12.59.
The company has a market capital of $ 73.05 million and is part of the Industrials sector and Diversified Industrials industry.
Conference Call
Twin Disc, Incorporated will be hosting a conference call at 11:00 AM eastern time on 30th October 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.twindisc.com
Twin Disc, Incorporated designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment worldwide. The company operates through two segments, Manufacturing and Distribution. Its products include marine transmissions, surface drives, propellers, and boat management systems; and power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and controls systems.
