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TITN Titan Machinery News Story

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Titan Machinery Inc expected to post earnings of 2 cents a share - Earnings Preview

* Titan Machinery Inc  TITN.OQ   TITN.O  is expected to show
a
fall in quarterly revenue when it reports  results on November
26 for the period ending October 31 2024
    * The West Fargo North Dakota-based  company is expected to
report
a 2.7% decrease in revenue to $675.28 million from $694.12
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Titan Machinery Inc is
for
earnings of 2 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"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 $15.00​, above​ its last closing price of $14.47. ​​​

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 2024  -0.06       0.19       0.17      Missed  -10.5
 Apr. 30 2024  0.63        0.64       0.41      Missed  -36.2
 Jan. 31 2024  1.04        1.02       1.31      Beat    28.4​
 Oct. 31 2023  1.54        1.53       1.32      Missed  -13.5
 ​​Jul.        1.17        1.17       1.38      Beat    18.4
 31 2023                                                
 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
 This summary was machine generated November 22 at 13:43 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)

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