Titan Machinery(TITN)
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Titan Machinery (TITN) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-29 12:55
Titan Machinery (TITN) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of a loss of $0.12 per share. This compares to earnings of $1.38 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 241.67%. A quarter ago, it was expected that this agriculture and construction equipment seller would post earnings of $0.67 per share when it actually produced earnings of $0.41, delivering a surprise o ...
Titan Machinery Inc. Announces Results for Fiscal Second Quarter Ended July 31, 2024
GlobeNewswire News Room· 2024-08-29 10:45
WEST FARGO, N.D., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN) ("Titan" or the "Company"), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal second quarter ended July 31, 2024. "As previously announced, our second quarter results reflect the challenging market conditions that are impacting farmer sentiment and agriculture equipment sales," commented Bryan Knutson, Titan Machinery's President and Chief Ex ...
Titan Machinery Troubles: A Rating Change And The Path Forward (Downgrade)
Seeking Alpha· 2024-08-27 21:01
Jason Hosking/DigitalVision via Getty Images Thesis Since my write-up of Titan Machinery Inc. (NASDAQ:TITN) in July 2023 ("Titan Machinery: A Colossus Mispriced In The Agri-Construction Realm"), it's been one of my worst (long-term without update) "Buy" calls to date, with a -54% change versus the S&P 500's (SP500) 25% return during the same period. Grassroots Trading TITN "buy-call" performance (Seeking Alpha) At the time of my analysis, all the stars appeared to line up, from great earnings to data across ...
Titan Machinery (TITN) to Report Q2 Earnings: What's in Store?
ZACKS· 2024-08-26 17:05
Titan Machinery Inc. (TITN) is scheduled to report second-quarter fiscal 2025 results (ended Jul 31, 2024) before market open on Aug 29. The Zacks Consensus Estimate for TITN's fiscal second-quarter revenues is pegged at $633 million, indicating a 1.5% fall from the year-ago reported figure. The consensus estimate for earnings is pegged at 27 cents per share. The Zacks Consensus Estimate for Titan Machinery's fiscal second-quarter earnings has moved down 56% in the past 60 days. The estimate indicates a yea ...
Analysts Estimate Titan Machinery (TITN) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-08-22 15:01
Wall Street expects a year-over-year decline in earnings on lower revenues when Titan Machinery (TITN) reports results for the quarter ended July 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may ...
Why Is Titan Machinery (TITN) Stock Down 24% Today?
Investor Place· 2024-08-15 12:55
Titan Machinery (NASDAQ:TITN) stock is falling hard on Thursday following the release of its preliminary earnings report for the second quarter of fiscal 2025. That starts with the company expecting revenue of approximately $634 million during the quarter. This would miss Wall Street's revenue estimate of $634.6 million for the period. Titan Machinery attributes this to softer retail demand than it expected. That earnings report also includes expectations for adjusted earnings per share of 17 cents. This wo ...
Titan Machinery Inc. Announces Preliminary Results for Fiscal Second Quarter Ended July 31, 2024
GlobeNewswire News Room· 2024-08-14 20:05
– Updates Fiscal 2025 Modeling Assumptions – – Company to Hold Conference Call to Discuss Fiscal Second Quarter Results on August 29, 2024 – WEST FARGO, N.D., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN) (the "Company"), a leading network of full-service agricultural and construction equipment stores, today announced preliminary results for the fiscal second quarter ended July 31, 2024. "Lower commodity prices and sustained high interest rates, along with mixed growing conditions ac ...
Titan Machinery(TITN) - 2025 Q1 - Quarterly Report
2024-06-06 22:26
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File No. 001-33866 TITAN MACHINERY INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of In ...
Titan Machinery (TITN) Misses on Q1 Earnings, Lowers FY25 View
zacks.com· 2024-05-24 18:10
Titan Machinery Inc. (TITN) reported earnings per share (EPS) of 41 cents in first-quarter fiscal 2025 (ended Apr 30, 2024), which missed the Zacks Consensus Estimate of 67 cents. The bottom line marked a 66% plunge from EPS of $1.19 reported in the year-ago quarter due to lower equipment gross margins and incremental floorplan interest expenses. TITN's results reflect weak demand and high levels of inventory in many product categories. Total revenues were $628.7 million, up 10.4% from the year-ago quarter. ...
Titan Machinery(TITN) - 2025 Q1 - Earnings Call Transcript
2024-05-23 17:32
Titan Machinery Inc. (NASDAQ:TITN) Q1 2025 Earnings Conference Call May 23, 2024 8:30 AM ET Company Participants Jeff Sonnek - Investor Relations, ICR Bryan Knutson - President and Chief Executive Officer Bo Larsen - Chief Financial Officer and Treasurer Conference Call Participants Ben Klieve - Lake Street Capital Mircea Dobre - Baird Edward Jackson - Northland Securities Operator Greetings. Welcome to Titan Machinery's First Quarter Fiscal 2025 Earnings Conference Call. At this time, all participants are ...