Titan Machinery (TITN) Tops Q1 View; Raises FY09 Outlook
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Titan Machinery, Inc. (Nasdaq: TITN) reports Q1 EPS of $0.24, 11 cents better than the analyst estimate of $0.13. Revenues for the quarter were $152.6 million, versus the consensus of $119.63 million.
Titan raised its FY09 revenues guidance from $550-$600 million to $575-$625 million, versus the consensus of $588.55 million. EPS guidance moves from $0.77-$0.82 to $0.86-$0.91, versus $0.79.
Titan Machinery, Inc. owns and operates a network of full service agricultural and construction equipment stores in North America.
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