Titan Machinery's Earnings Outlook

On Thursday, May 27, Titan Machinery (NASDAQ:TITN) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Titan Machinery earnings will be near $0.16 per share on sales of $337.66 million, according to analysts. Titan Machinery earnings in the same period a year ago was $0.15 per share. Quarterly sales came in at $310.21 million.

Why Analyst Estimates And Earnings Surprises Are Important

If the company were to match the consensus estimate when it reports Thursday, earnings would be up 6.67%. Revenue would be up 8.85% from the same quarter last year. Here is how the Titan Machinery's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Shares of Titan Machinery were trading at $24.46 as of May 25. Over the last 52-week period, shares are up 127.37%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not 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.

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