Brief: Titan Machinery Inc Announces Results For Fiscal Second Quarter Ended July 31, 2021

Titan Machinery

26/08/2021 11:52

Aug 26 (Reuters) - Titan Machinery Inc  TITN.O :
    * ANNOUNCES RESULTS FOR FISCAL SECOND QUARTER ENDED JULY 31,
2021
    * Q2 GAAP EARNINGS PER SHARE $0.50
    * Q2 REVENUE $377.6 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$372.7 MILLION
    * Q2 EARNINGS PER SHARE ESTIMATE $0.44 -- REFINITIV IBES
DATA
    * INCREASES FISCAL 2022 MODELING ASSUMPTIONS
    * SEES  FISCAL 2022 DILUTED EPS $2.00 - $2.20
    * SEES  FISCAL 2022 SEGMENT REVENUE FOR AGRICULTURE UP
18-23%, FOR
 CONSTRUCTION UP 2-7%
    * SEES  FISCAL 2022 SEGMENT REVENUE FOR INTERNATIONAL UP
27-32%

Source text for Eikon:  ID:nGNXc51bp 
Further company coverage:  TITN.O 

 ((Reuters.Briefs@thomsonreuters.com;))