Titan Machinery Inc expected to post earnings of $1.17 a share - Earnings Preview

Titan Machinery

07/08/2023 19:32

* Titan Machinery Inc  TITN.OQ   TITN.O  is expected to show
a
rise in quarterly revenue when it reports  results on August 9
(estimated). 
    * The West Fargo North Dakota-based  company is expected to
report
 a 21.3% increase in revenue to $602.407 million from $496.54
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Titan Machinery Inc
is
for earnings of $1.17 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 $45​, above​ its last closing price of $31.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Apr. 30 2023  1.03        1.02       1.19      Beat    16.9
 Jan. 31 2023  1.17        1.13       0.81      Missed  -28.6
 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.        0.54        0.53       0.79      Beat    48.4
 30 2022                                                
 Jan. 31 2022  0.54        0.54       0.99      Beat    84.2​
 Oct. 31 2021  0.67        0.68       0.96      Beat    42.2
 Jul. 31 2021  0.45        0.44       0.57      Beat    28.8
 This summary was machine generated August 7 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated