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

Titan Machinery

30/11/2022 14:31

* Titan Machinery Inc  TITN.OQ  reported quarterly adjusted
earnings of $1.83​​ per share for the quarter ended in October.
The mean expectation of four analysts for the quarter was
for earnings of $1.16 per share.
    * Revenue rose 47.3% to $668.77 million from a year ago;
analysts
expected $597.35 million. 
    * Titan Machinery Inc's reported EPS for the quarter was
$1.82​.
    * 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 risen by 23.4% this
quarter and
gained 3.5% so far this year.
    * The company reported quarterly net income of $41.26
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 November
30 at 02:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jan. 31 2022      0.54           0.99           Beat