Aug. 27 at 4:45 PM
$TWIN surges 44% post-earnings — what's driving the rally? 🚀
Despite a Q4 EPS drop to 10 cents from 53 cents in the prior-year quarter, shares soared thanks to a 14.5% sales jump YoY and a strong backlog of
$150.5M. Management highlights resilience in marine markets and strategic acquisitions boosting industrial sales despite profitability pressures from higher expenses and foreign currency translation losses.
Full breakdown here 👉 https://www.zacks.com/stock/news/2743785/twin-disc-stock-soars-44-despite-q2-earnings-fall-yy-on-higher-costs?cid=sm-stocktwits-2-2743785-body-9845&ADID=SYND_STOCKTWITS_TWEET_2_2743785_BODY_9845