
Twin Disc Inc reports results for the quarter ended June 30 - Earnings Summary

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Twin Disc IncQ) reported adjusted earnings of 10 cents per share for the quarter ended June 30, missing the analyst forecast of 26 cents. Revenue was $96.68 million, exceeding expectations of $93.30 million. The company’s net income was $1.42 million. Shares fell by 2.4% this quarter and 26.6% year-to-date. Analysts have reduced earnings estimates by 54.4% in the last three months. The average analyst rating is "buy," with a 12-month price target of $12.00, 28.2% above the last closing price of $8.62.
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