Titan Machinery Inc. (NASDAQ:TITN) is reporting third quarter earnings results on Tuesday 24th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.35 per share from $ 329.34 million in revenue.
For the full year, analysts predict revenues of $ 1282.11 million, while looking forward to income of $ 0.85 per share.
The Company Outlook
Full Year 2021 bottomline are predicted in a range of $ 0.65 ~ $ 0.85 per share
Click Here For More Historical Outlooks Of Titan Machinery Inc.
Previous Quarter Performance
Titan Machinery Inc. posted income for the second quarter of $ 0.29 per share, from the revenue of $ 303.46 million. The quarterly earnings 6.45 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.01 per share from $ 266.92 million in revenue. The top line results outshined analysts by $ 36.54 million or 13.69 percent.
Stock Performance
Shares of Titan Machinery Inc. traded up $ 0.65 or 3.55 percent on Monday, reaching $ 18.98 with volume of 429.80 thousand shares. Titan Machinery Inc. has traded high as $ 19.00 and has cracked $ 18.39 on the downward trend
According to the previous trading day, closing price of $ 18.98, representing a 163.36 % increase from the 52 week low of $ 6.96 and a 3.73 % decrease over the 52 week high of $ 19.04.
The company has a market capital of $ 427.68 million and is part of the Industrials sector and Industrial Distribution industry.
Conference Call
Titan Machinery Inc. will be hosting a conference call at 8:30 AM eastern time on 24th November 2020, to discuss its 3Q21 financial results with the investment community. The participants may dial, (877) 705-6003 U.S. or (201) 493-6725 Outside U.S. in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.titanmachinery.com
Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores. It operates through three segments: Agriculture, Construction, and International.
