Shares of Titan Machinery TITN rose 3.7% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share increased 650.00% year over year to $0.15, which beat the estimate of ($0.12).
Revenue of $310,208,000 higher by 11.47% from the same period last year, which beat the estimate of $251,050,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: May 28, 2020
Time: 08:30 AM
ET Webcast URL: https://viavid.webcasts.com/starthere.jsp?ei=1305644&tp_key=a6bb284b7b
Recent Stock Performance
Company's 52-week high was at $21.88
Company's 52-week low was at $6.96
Price action over last quarter: Up 18.76%
Company Overview
Titan Machinery Inc sells and services agricultural and construction equipment in the United States and Europe. The company sells and repairs agricultural equipment, including machinery and attachments for large-scale farming and home and gardening purposes, as well as construction equipment. It operates through the following segments: Agriculture, Construction and International. The Agriculture segment which generate majority revenue distributes and sells machinery, equipment transportation, global positioning system signal subscriptions and finance products for farming operations. The Construction segment markets and trades heavy equipment for building purposes. The International segment rents out machinery and equipment for farming, construction and landscaping.
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