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

Titan Machinery

25/08/2022 13:00

* Titan Machinery Inc  TITN.OQ  reported quarterly adjusted
earnings of $1.10​​ per share for the quarter ended in July. The
mean expectation of four analysts for the quarter was
for earnings of 70 cents per share.
    * Revenue rose 31.5% to $496.54 million from a year ago;
analysts
expected $439.77 million. 
    * Titan Machinery Inc's reported EPS for the quarter was
$1.10​.
    * The mean earnings estimate of analysts had risen by
about 8.6%
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 risen by 38.1% this
quarter and
lost 8.1% so far this year.
    * The company reported quarterly net income of $24.96
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 from Refinitiv data August 25
at 12:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      0.70           1.10           Beat
 Apr. 30 2022      0.53           0.79           Beat
 Jan. 31 2022      0.54           0.99           Beat
 Oct. 31 2021      0.68           0.96           Beat