Titan Machinery Inc expected to post earnings of $1.13 a share - Earnings Preview

Titan Machinery

14/03/2023 12:57

* Titan Machinery Inc  TITN.OQ   TITN.O  is expected to show
a
rise in quarterly revenue when it reports  results on March 16. 
    * The West Fargo North Dakota-based  company is expected to
report
 a 34.8% increase in revenue to $684.355 million from $507.6
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Titan Machinery Inc
is
for earnings of $1.13 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Titan
Machinery
Inc is $48​, above​ its last closing price of $40.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Oct. 31 2022  1.18        1.16       1.83      Beat    57.8
 Jul. 31 2022  0.72        0.70       1.10      Beat    57.7
 Apr. 30 2022  0.54        0.53       0.79      Beat    48.4​
 Jan. 31 2022  0.54        0.54       0.99      Beat    84.2
 ​​Oct.        0.67        0.68       0.96      Beat    42.2
 31 2021                                                
 Jul. 31 2021  0.45        0.44       0.57      Beat    28.8​
 Apr. 30 2021  0.16        0.16       0.46      Beat    192.1
 Jan. 31 2021  0.14        0.13       0.23      Beat    80.4
 This summary was machine generated March 14 at 12:57 GMT.  All
figures in US dollars  unless otherwise stated