Titan Q4 EPS $0.44 on 49% sales growth; FY2022 guidance >$2B revenue

TITAN INTERNATIONAL INC

Q4 net sales $487.7M (+49% YoY); EPS $0.44 vs ($0.28) loss.
Q4 adjusted EBITDA $36.1M (+109% YoY); full-year $135.0M (+150%).
Agricultural segment Q4 sales $264.8M (+64%), Earthmoving $183.4M (+33%), Consumer $39.5M (+41%).
FY2022 guidance: revenue >$2B, adjusted EBITDA ~$175M, capex $45-50M.

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