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Titan Machinery (TITN) Reports Strong Q4 Results; Guides FY12 Above the Street; Trading Halted

April 18, 2011 7:01 AM EDT Send to a Friend
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Titan Machinery, Inc. (NASDAQ: TITN) reported Q4 EPS of $0.57, $0.22 better than the analyst estimate of $0.35. Revenue for the quarter came in at $368.1 million versus the consensus estimate of $285.14 million.

Sees FY11 sales of $1.28-$1.35 billion, vs. the consensus of $1.18 billion. Sees EPS of $1.50-$1.60, which compares to the Street estimate of $1.37.

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