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

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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