Titan Machinery Inc. Announces Results for Fiscal Third Quarter Ended October 31, 2020

Go back to Titan Machinery Inc. Announces Results for Fiscal Third Quarter Ended October 31, 2020

Titan Machinery (TITN) Tops Q3 EPS by 23c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus

November 24, 2020 6:48 AM EST

Titan Machinery (NASDAQ: TITN) reported Q3 EPS of $0.58, $0.23 better than the analyst estimate of $0.35. Revenue for the quarter came in at $360.9 million versus the consensus estimate of $329.34 million.

Revenue for Third Quarter of Fiscal 2021 was $360.9 million GAAP EPS for Third Quarter of Fiscal 2021 was $0.44 and Adjusted EPS was $0.58 Company Increases Fiscal 2021 Modeling Assumptions

David Meyer, Titan Machinerys Chairman and Chief Executive Officer, stated, "We exceeded our third quarter top-line... More