Titan Machinery Inc expected to post earnings of 54 cents a share - Earnings Preview

Titan Machinery

22/03/2022 13:41

* Titan Machinery Inc  TITN.OQ   TITN.O  is expected to show
a
rise in quarterly revenue when it reports  results on March 24. 
    * The West Fargo North Dakota-based  company is expected to
report
 a 20.1% increase in revenue to $524.6 million from $436.68
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Titan Machinery Inc
is
for earnings of 54 cents per share. For the same quarter last
year, the company reported earnings of 23 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $41​, above​ its last closing price of $33.33. ​​​
    * 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 2021  0.67        0.68       0.96      Beat    42.2
 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
 ​​Oct.        0.36        0.35       0.58      Beat    66.9
 31 2020                                                
 Jul. 31 2020  -0.03       -0.01      0.29      Beat    2,033.
                                                        3​
 Apr. 30 2020  -0.13       -0.12      0.15      Beat    220
 Jan. 31 2020  0.01        0.01       0.02      Beat    100
 This summary was machine generated March 22 at 13:41 GMT.  All
figures in US dollars  unless otherwise stated