Titan Machinery TITN announces its next round of earnings this Thursday, August 27. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 earnings announcement.
Earnings and Revenue
Wall Street expects an EPS loss of $0.01 and sales around $266.92 million. Titan Machinery earnings in the same period a year ago was $0.31 per share. Quarterly sales came in at $314.98 million. If the company were to post earnings per share in line with the consensus estimate when it reports Thursday, EPS would be down 103.23%. Revenue would be down 6.32% on a year-over-year basis. Titan Machinery's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | -0.12 | 0.01 | 0.47 | 0.32 |
| EPS Actual | 0.15 | 0.02 | 0.44 | 0.31 |
| Revenue Estimate | 251.05 M | 362.50 M | 373.65 M | 316.00 M |
| Revenue Actual | 310.21 M | 350.96 M | 360.94 M | 314.98 M |
Stock Performance
Over the past 52-week period, shares of Titan Machinery have declined 19.49%.
Considering these returns, shareholders will likely be feeling neutral going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Titan Machinery is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://viavid.webcasts.com/starthere.jsp?ei=1337226&tp_key=d7eecfc0ee
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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