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Titan Machinery is the leading dealer of CNH Industrial equipment, with a network of approximately 120 dealerships worldwide. The company has undergone operational changes to increase inventory turnover and margins, benefiting from higher crop prices and favorable regulations. The current market sentiment underestimates the sustainability of Titan Machinery's favorable business environment, with the potential for 30% upside in its valuation.
Titan Machinery's (TITN) first-quarter earnings reflect solid performances across most of its businesses.
Titan Machinery (TITN) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $0.79 per share a year ago.
Other more well-known names will be reporting their quarterly results this week, but Dorian LPG (LPG) and Titan Machinery (TITN) are two stocks that investors will want to pay attention to.
WEST FARGO, N.D., May 11, 2023 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, announced today it will release financial results for the first quarter ended April 30, 2023, on Thursday, May 25, 2023, followed by an investor conference call at 7:30 a.m. Central time (8:30 a.m. Eastern time).
Titan Machinery's (TITN) fourth-quarter results reflect declines in the Construction and International segments.
Titan Machinery Inc. (NASDAQ:TITN ) Q4 2022 Earnings Conference Call March 16, 2023 8:30 AM ET Company Participants Jeff Sonneck - ICR IR David Meyer - Chairman and CEO Bryan Knutson - President and COO Bo Larsen - CFO Conference Call Participants Joseph Grabowski - Robert W. Baird Daniel Imbro - Stephens, Inc. Larry De Maria - William Blair Steve Dyer - Craig Hallum Operator Greetings and welcome to the Titan Machinery Fourth Quarter Fiscal 2023 Earnings Call.
Delays in getting equipment to sell forced Titan Machinery to report an earnings miss this morning. Quarterly profits of $0.80 per share fell nearly 30% below expectations.
Titan Machinery (TITN) gains from strong demand, solid performances and upbeat outlook ahead of earnings.
WEST FARGO, N.D., March 09, 2023 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, announced today it will release financial results for the fourth quarter and full year ended January 31, 2023, on Thursday, March 16, 2023, followed by an investor conference call at 7:30 a.m. Central time (8:30 a.m. Eastern time).