Titan Machinery Inc reports results for the quarter ended April 30 - Earnings Summary
22/05/2025 14:32
Titan Machinery Inc TITN.OQ reported a quarterly adjusted loss of 58 cents per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 41 cents. The mean expectation of three analysts for the quarter was for a loss of 100 cents per share. Wall Street expected results to range from $-1.02 to -99 cents per share. Revenue fell 5.5% to $594.34 million from a year ago; analysts expected $446.28 million. Titan Machinery Inc's reported EPS for the quarter was a loss of 58 cents. The company reported a quarterly loss of $13.2 million. Titan Machinery Inc shares had risen by 17.0% this quarter and gained 41.1% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 101% in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the heavy machinery & vehicles peer group is also "buy" Wall Street's median 12-month price target for Titan Machinery Inc is $20.00 This summary was machine generated from LSEG data May 22 at 01:31 p.m. UTC. 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Apr. 30 2025 | -1.00 | -0.58 | Beat |
| Jan. 31 2025 | -0.62 | -1.98 | Missed |
| Oct. 31 2024 | 0.02 | 0.07 | Beat |
| Jul. 31 2024 | 0.19 | 0.17 | Missed |