Titan Machinery rises on quarterly revenue beat

Titan Machinery

25/11/2025 13:20

** Shares of agricultural and construction equipment dealer Titan Machinery TITN.O rise nearly 5.2% to about $17.3

     ** Co beats third-quarter profit and revenue estimates, driven by a favorable sales mix and inventory reductions totaling $98 million during the first nine months of fiscal 2026

     ** TITN reports Q3 revenue of $644.5 million, above analysts' estimate of $599.2 million

     ** Posts Q3 earnings per diluted share of 5 cents, compared with 7 cents a year ago

     ** TITN forecasts FY adj. diluted loss per share between $1.50 and $2

     ** Three of five brokerages rate the stock "buy" or higher and two "hold"; their median PT is $24; according to data compiled by LSEG

     ** As of last close, shares up 16.4% YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))