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

Titan Machinery

16/03/2023 13:31

* Titan Machinery Inc  TITN.OQ  reported quarterly adjusted
earnings of 81 cents​​ per share for the quarter ended in
January. The mean expectation of five analysts for the quarter
was for earnings of $1.13 per share.
    * Revenue rose 14.9% to $582.98 million from a year ago;
analysts
expected $684.36 million. 
    * Titan Machinery Inc's reported EPS for the quarter was 80
cents​.
    * The mean earnings estimate of analysts was unchanged 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 0.4% this
quarter.
    * The company reported quarterly net income of $18.11
million.
    * Wall Street's median 12-month price target for Titan
Machinery
Inc is $48.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 16 at 01:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2023      1.13           0.81           Missed
 Oct. 31 2022      1.16           1.83           Beat
 Jul. 31 2022      0.70           1.10           Beat
 Apr. 30 2022      0.53           0.79           Beat