Titan Machinery Inc expected to post earnings of $1.53 a share - Earnings Preview

Titan Machinery

28/11/2023 14:04

* Titan Machinery Inc  TITN.OQ   TITN.O  is expected to show
a
rise in quarterly revenue when it reports  results  for the
period ending July 31 2023
    * The West Fargo North Dakota-based  company is expected to
report
a 8.7% increase in revenue to $727.203 million from $668.77
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Titan Machinery Inc is
for
earnings of $1.53 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 $44.50​, above​ its last closing price of $26.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2023  1.17        1.17       1.38      Beat    18.4
 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.        0.72        0.70       1.10      Beat    57.7
 31 2022                                                
 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. 31 2021  0.67        0.68       0.96      Beat    42.2
 This summary was machine generated November 28 at 14:04 GMT. 
All figures in US dollars unless otherwise stated