Titan Machinery Inc expected to post earnings of 64 cents a share - Earnings Preview
21/05/2024 13:46
* Titan Machinery Inc TITN.OQ TITN.O is expected to show
a
rise in quarterly revenue when it reports results on May 23 for
the period ending April 30 2024
* The West Fargo North Dakota-based company is expected to
report
a 16.2% increase in revenue to $661.73 million from $569.63
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 64 cents 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 had risen by
about 3.8%
in the last three months.
* Wall Street's median 12-month price target for Titan
Machinery
Inc is $32.00, above its last closing price of $23.82.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 31 2024 1.04 1.02 1.31 Beat 28.4
Oct. 31 2024 1.54 1.53 1.32 Missed -13.5
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. 1.17 1.13 0.81 Missed -28.6
31 2023
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
This summary was machine generated May 21 at 12:46 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)