Titan Machinery Inc reports results for the quarter ended in April - Earnings Summary

Titan Machinery

26/05/2022 14:33

* Titan Machinery Inc  TITN.OQ  reported quarterly adjusted
earnings of 79 cents​​ per share for the quarter ended in April.
The mean expectation of four analysts for the quarter was
for earnings of 53 cents per share.
    * Revenue rose 23.7% to $461.01 million from a year ago; 
analysts
expected $408.25 million. 
    * Titan Machinery Inc's reported EPS for the quarter was 78
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Titan Machinery Inc shares had fallen by 11.9% this
quarter and
lost 26.1% so far this year.
    * The company reported quarterly net income of $17.54
million.
    * Wall Street's median 12-month price target for Titan
Machinery
Inc is $40.00 
    * 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." 

This summary was machine generated May 26 at 01:33 p.m.  ​All
figures in US dollars unless otherwise stated