Twin Disc (TWIN) Set to Announce Quarterly Earnings on Tuesday

Posted by James Quigley on Apr 23rd, 2024

Twin Disc (NASDAQ:TWIN – Get Free Report) will be releasing its earnings data before the market opens on Tuesday, April 30th. Parties interested in participating in the company’s conference call can do so using this link.

Twin Disc (NASDAQ:TWIN – Get Free Report) last issued its earnings results on Wednesday, February 7th. The industrial products company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $72.99 million for the quarter. Twin Disc had a net margin of 3.75% and a return on equity of 7.74%.

Twin Disc Stock Down 1.6 %

NASDAQ:TWIN opened at $16.50 on Tuesday. Twin Disc has a one year low of $8.61 and a one year high of $18.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 2.22. The company has a market capitalization of $231 million, a price-to-earnings ratio of 20.63 and a beta of 0.80. The stock has a 50-day simple moving average of $16.15 and a 200 day simple moving average of $15.18.

Twin Disc Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were issued a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend was Thursday, February 15th. Twin Disc’s dividend payout ratio (DPR) is presently 20.00%.

Wall Street Analysts Forecast Growth

Separately, TheStreet upgraded Twin Disc from a “c+” rating to a “b-” rating in a research note on Monday, March 11th.

View Our Latest Analysis on Twin Disc

Twin Disc Company Profile

(Get Free Report)

Twin Disc, Incorporated designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment in the United States, the Netherlands, China, Australia, Italy, and internationally. The company operates in two segments, Manufacturing and Distribution. Its principal products include marine transmissions, azimuth drives, surface drives, propellers, and boat management systems, as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and controls systems.