Titan Machinery slumps after Q1 results miss

Titan Machinery

23/05/2024 12:33

** Shares of Agricultural equipment maker Titan Machinery
 TITN.O  slump 9.3% to $21 premarket
    ** Company posts Q1 revenue $628.7 mln vs. est. of $671.7
mln - LSEG
    ** Co misses Q1 profit estimates after posting 41 cents vs.
est of 64 cents
    ** YTD, stock is down ~19.8%

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))