* Titan Machinery Inc reported quarterly adjusted earnings of 7 cents per share for the quarter ended October 31, lower than the same quarter last year, when the company reported EPS of $1.32. The mean expectation of five analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from -8 cents to 6 cents per share.
* Revenue fell 2.1% to $679.82 million from a year ago; analysts expected $675.28 million.
* Titan Machinery Inc's reported EPS for the quarter was 7 cents.
* The company reported quarterly net income of $1.71 million.
* Titan Machinery Inc shares had risen by 10.7% this quarter and lost 46.6% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 84.9% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the heavy machinery & vehicles peer group is also "hold"
Wall Street's median 12-month price target for Titan Machinery Inc is $15.00 This summary was machine generated from LSEG data November 26 at 02:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Oct. 31 2024 0.02 0.07 Beat
Jul. 31 2024 0.19 0.17 Missed
Apr. 30 2024 0.64 0.41 Missed
Jan. 31 2024 1.02 1.31 Beat
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