TITN Stock Recent News
TITN LATEST HEADLINES
TITN expects the EPS between breakeven and 50 cents for fiscal 2025 versus the earlier mentioned EPS of $2.25-$2.75.
Titan Machinery (TITN) came out with quarterly earnings of $0.17 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.38 per share a year ago.
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.
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.
Titan Machinery (TITN) Q2 results are likely to reflect lower demand and higher interest rates.
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.
– 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.
Titan Machinery continues to grow revenues through acquisitions, but underlying performance has been weak, with a flat performance guided for FY2025. The FY2025 guidance expects continued significant margin pressure closer to the thin pre-pandemic level, making the investment case more volatile than I previously anticipated. The company's inventory is currently bloated, pressuring earnings through high short-term borrowings' interest and margin pressure from inventory management. Improvements are expected in the medium term.
Titan Machinery (TITN) witnesses a decline in earnings in the first quarter of fiscal 2025 reflecting weak demand. Its FY25 guidance is down due to lower equipment margins.
Titan Machinery (TITN) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $1.19 per share a year ago.