Overview

* Titan International ( TWI ) Q3 revenue grows 4% to $466 mln, slightly beating analyst expectations

* Adjusted EBITDA for Q3 rises to $30 mln, reflecting solid financial performance

* Company's gross margin improves to 15.2%, driven by diverse operations

Outlook

* Titan expects Q4 sales between $385 mln and $410 mln

* Company forecasts Q4 Adjusted EBITDA around $10 mln

* Titan anticipates seasonal volume uptick in Q1 2026

Result Drivers

* AG AND EMC SEGMENTS - Revenue growth and expanded gross margins in Ag and EMC segments contributed to Q3 performance

* CONSUMER SEGMENT - Improved gross margins despite lower revenues due to tariffs affecting demand

* AFTERMARKET SALES - Less cyclical aftermarket sales offset OEM channel softness

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Slight $466 mln $462.50

Beat* mln (4

Analysts

)

Q3 $30 mln

Adjusted

EBITDA

Q3 Gross 15.20%

Margin

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

* Wall Street's median 12-month price target for Titan International Inc ( TWI ) is $11.00, about 27.7% above its November 5 closing price of $7.95

* The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 33 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)