Titan Machinery (TITN) Reports Q2 Loss, Beats Revenue Estimates

Titan Machinery (TITN) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.56. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +53.57%. A quarter ago, it was expected that this agriculture and construction equipment seller would post a loss of $0.79 per share when it actually produced a loss of $0.58, delivering a surprise of +26.58%.Over the ...