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Twin Disc Inc. (TWIN) Plunged To A 3-Month Low After Q2 Report

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Twin Disc Inc. (TWIN) reported second quarter EPS of $0.51 Monday morning, up from $0.35 in the previous year. The consensus estimate was for EPS of $0.76.

Twin Disc Inc. gapped open sharply lower Monday and fell during the first 45 minutes of trade, before settling into a range. Shares finished down by 7.40 at $32.00 on the highest volume of the year. The stock dropped to a 3-month low and fell below its 200-day moving average.

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