Q: Can you comment on TIH’s earnings report?
How is the current evaluation compared to the historical evalution? Do you think Tariff news could bring the stock down?
How is the current evaluation compared to the historical evalution? Do you think Tariff news could bring the stock down?
5i Research Answer:
EPS of $1.52 beat estimates of $1.49; revenue of $1.37B beat estimates of $1.35B. EBITDA of $248M beat estimates by 13%. Sales rose 1.2% but operating income did fall year over year. Tariffs are causing some customer uncertainty, but investors seem to have taken this in stride and with these results we would not expect anything different. Good numbers, but not great numbers here.