Titan Machinery Inc. Announces Results for Fiscal First Quarter Ended April 30, 2021

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Go back to Titan Machinery Inc. Announces Results for Fiscal First Quarter Ended April 30, 2021

Titan Machinery (TITN) Tops Q1 EPS by 30c, Revenues Beat; Raises FY22 EPS Guidance Above Consensus

May 27, 2021 6:51 AM EDT

Titan Machinery (NASDAQ: TITN) reported Q1 EPS of $0.46, $0.30 better than the analyst estimate of $0.16. Revenue for the quarter came in at $372.71 million versus the consensus estimate of $337.66 million.

David Meyer, Titan Machinerys Chairman and Chief Executive Officer, stated, "The fiscal first quarter exceeded our expectations on all fronts with impressive operating leverage that showcases the earnings power of our efficient dealership network. On a consolidated basis, we... More