Titan America SA (TTAM) reported disappointing financial results for the third quarter of fiscal 2025. The company's earnings per share (EPS) came in at $0.31, missing Wall Street's consensus estimate of $0.32 by $0.01. Revenue remained flat at $0.4 billion, matching expectations but failing to provide any upside.
The firm, headquartered in Brussels and engaged in the manufacture and supply of heavy building materials, operates primarily along the Eastern Seaboard. Titan America SA employs 2,742 full-time workers and went public on February 7, 2025. Its product offerings include cement, aggregates, ready-mix concrete, and concrete blocks, contributing to lower carbon emissions compared to traditional building materials.
Titan America SA will host an earnings conference call after market close to discuss these results and provide further insights into its business performance. Investors are encouraged to review the full earnings release and listen to management's commentary for a comprehensive understanding of the quarter's performance and future outlook.