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

Titan Machinery

31/08/2023 14:31

* Titan Machinery Inc  TITN.OQ  reported quarterly adjusted
earnings of $1.38​​ per share for the quarter ended in July. The
mean expectation of seven analysts for the quarter was
for earnings of $1.17 per share.
    * Revenue rose 29.4% to $642.57 million from a year ago;
analysts
expected $602.41 million. 
    * Titan Machinery Inc's reported EPS for the quarter was
$1.38​.
    * The mean earnings estimate of analysts had fallen by
about 1.9%
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 1.4% this
quarter and
lost 26.8% so far this year.
    * The company reported quarterly net income of $31.32
million.
    * Wall Street's median 12-month price target for Titan
Machinery
Inc is $45.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 31 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      1.17           1.38           Beat
 Apr. 30 2023      1.02           1.19           Beat
 Jan. 31 2023      1.13           0.81           Missed
 Oct. 31 2022      1.16           1.83           Beat