Titan Machinery slumps after Q1 results miss
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;))