Profile
Sector:
IndustrialsIndustry:
Industrial DistributionCountry:
United StatesIPO:
13 December 2007Website:
http://www.titanmachinery.comNext earnings report:
26 November 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | 0 min agoDividend
Analysts recommendations
Institutional Ownership
TITN Latest News
TITN expects the EPS between breakeven and 50 cents for fiscal 2025 versus the earlier mentioned EPS of $2.25-$2.75.
Titan Machinery Inc. (NASDAQ:TITN ) Q2 2025 Earnings Conference Call August 29, 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 Edward Jackson - Northland Securities Mircea Dobre - Baird Benjamin Klieve - Lake Street Capital Min Chung Cho - B. Riley Securities Matthew Raab - Craig-Hallum Operator Greetings, and welcome to Titan Machinery Inc. Second Quarter Fiscal 2025 Earnings Call.
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.
Titan Machinery Inc. stock has significantly underperformed, dropping 54% since last July, despite initial promising indicators and a “Buy” rating based on undervaluation and growth prospects. Key risks include rising operating costs, increased interest expenses, declining international sales, and inventory buildup, which have severely impacted profitability and financial stability. Recent downgrades, weak earnings guidance, and falling commodity prices have further pressured the stock, leading to a 26.8% drop after disappointing Q2 forecasts.
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 (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.
WEST FARGO, N.D., May 23, 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 first quarter ended April 30, 2024.
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What type of business is Titan Machinery?
Titan Machinery Inc. owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia. It operates through four segments: Agriculture, Construction, Europe, and Australia. The company sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well as equipment from various other manufacturers. Its agricultural equipment includes machinery and attachments for use in the production of food, fiber, feed grain, feed stock, and renewable energy; and home and garden applications, as well as maintenance of commercial, residential, and government properties. The company's construction equipment comprises heavy construction machinery, light industrial machinery for commercial and residential construction, and road and highway construction machinery. It also sells maintenance and replacement parts. In addition, the company offers repair and maintenance services that include warranty repairs, off-site and on-site repair services, scheduling off-season maintenance services, and notifying customers of periodic service requirements; and training programs to customers. Further, it rents equipment; and provides ancillary equipment support services, such as equipment transportation, global positioning system signal subscriptions and other precision farming products, farm data management products, and CNH Industrial finance and insurance products. The company operates in Colorado, Idaho, Kansas, Missouri, Washington, Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Wisconsin, and Wyoming, the United States; Bulgaria, Germany, Romania, and Ukraine, Europe; and New South Wales, South Australia, and Victoria, Australia. Titan Machinery Inc. was founded in 1980 and is headquartered in West Fargo, North Dakota.
What sector is Titan Machinery in?
Titan Machinery is in the Industrials sector
What industry is Titan Machinery in?
Titan Machinery is in the Industrial Distribution industry
What country is Titan Machinery from?
Titan Machinery is headquartered in United States
When did Titan Machinery go public?
Titan Machinery initial public offering (IPO) was on 13 December 2007
What is Titan Machinery website?
https://www.titanmachinery.com
Is Titan Machinery in the S&P 500?
No, Titan Machinery is not included in the S&P 500 index
Is Titan Machinery in the NASDAQ 100?
No, Titan Machinery is not included in the NASDAQ 100 index
Is Titan Machinery in the Dow Jones?
No, Titan Machinery is not included in the Dow Jones index
When was Titan Machinery the previous earnings report?
No data
When does Titan Machinery earnings report?
The next expected earnings date for Titan Machinery is 26 November 2024