Titan Machinery TITN reported its Q2 earnings results on Thursday, August 25, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Titan Machinery beat estimated earnings by 57.14%, reporting an EPS of $1.1 versus an estimate of $0.7.
Revenue was up $118.91 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.26 which was followed by a 2.35% increase in the share price the next day.
Here's a look at Titan Machinery's past performance:
|Quarter||Q1 2023||Q4 2022||Q3 2022||Q2 2022|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Titan Machinery management provided guidance for FY 2023, expecting earnings between $3.7 and $4.0 per share.
To track all earnings releases for Titan Machinery visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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