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

Posted by Adam Masters on Apr 23rd, 2024

Twin Disc (NASDAQ:TWIN – Get Free Report) is set to post its quarterly earnings results before the market opens on Tuesday, April 30th. Parties that are interested in registering for the company’s conference call can do so using this link.

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

Twin Disc Trading Down 1.6 %

Shares of NASDAQ TWIN opened at $16.50 on Tuesday. Twin Disc has a 1-year low of $8.61 and a 1-year high of $18.00. The company has a 50-day moving average of $16.15 and a two-hundred day moving average of $15.18. The company has a market cap of $231 million, a PE ratio of 20.63 and a beta of 0.80. The company has a current ratio of 2.22, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18.

Twin Disc Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were given a $0.04 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $0.16 dividend on an annualized basis and a yield of 0.97%. Twin Disc’s payout ratio is 20.00%.

Wall Street Analyst Weigh In

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

Get Our Latest Stock Analysis on TWIN

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.