Twin Disc, Incorporated (NASDAQ:TWIN) is set to announce fourth quarter earning results on Friday 7th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, TWIN to report 4Q20 loss of $ 0.28 per share.
For the full year, analysts anticipate top line of $ 237.40 million, while looking forward to loss of $ 2.39 per share bottom line.
Previous Quarter Performance
Twin Disc, Incorporated reported income for the third quarter of $ 0.18 per share, from the revenue of $ 68.64 million. The quarterly earnings decreased 47.06 percent compared with the same quarter last year. According to street consensus, TWIN was expected to report 3Q20 loss of $ 0.11 per share from revenue of $ 56.35 million. The bottom line results beat street analysts by $ 0.29 or 263.64 percent, at the same time, top line results outshined analysts by $ 12.29 million or 21.81 percent.
Historical Earnings Performance
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Stock Performance
The company has a market capital of $ 77.75 million and is part of the Industrials sector and Diversified Industrials industry.
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Conference Call
Twin Disc, Incorporated will be hosting a conference call at 11:00 AM eastern time on 7th August 2020, to discuss its 4Q20 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.
