Twin Disc (TWIN) to Release Quarterly Earnings on Tuesday

Twin Disc (NASDAQ:TWIN) will post its quarterly earnings results before the market opens on Tuesday, April 30th. Individual that wish to register for the company’s earnings conference call can do so using this link.

Twin Disc (NASDAQ:TWIN) last released its quarterly earnings results on Wednesday, February 7th. The industrial products company reported $0.07 EPS 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 Price Performance

NASDAQ TWIN opened at $16.56 on Friday. Twin Disc has a 52 week low of $9.14 and a 52 week high of $18.00. The firm has a market capitalization of $231.84 million, a P/E ratio of 20.70 and a beta of 0.80. The company has a quick ratio of 0.87, a current ratio of 2.22 and a debt-to-equity ratio of 0.18. The company has a 50-day moving average price of $16.27 and a 200-day moving average price of $15.26.

Twin Disc Dividend Announcement

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

Analyst Ratings Changes

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

About Twin Disc

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.