Titan Q2 net sales $573M (+30.6% YoY); adj. EBITDA $82M; raises FY22 guidance

TITAN INTERNATIONAL INC

2022-Q2 EPS reported $1.43 revenue$1,128,892,000

GAAP EPS $1.06; adjusted EPS $0.79; net sales $572.9M, highest since Q2 2013.
Agricultural segment sales +38% YoY; Earthmoving/Construction +19%; Consumer +44%.
Free cash flow $56M in Q2; debt leverage below 2x adjusted EBITDA.
Raised FY22 sales target to $2.2B; adj. EBITDA target $240-250M; FCF $90-100M.
Recorded $22.5M Brazilian tax credits as other income; expects ~$10M more pending approval.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.