Titan Machinery (TITN) Slammed on Q2 Profit Miss, Cut EPS Outlook for FY13

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Go back to Titan Machinery (TITN) Slammed on Q2 Profit Miss, Cut EPS Outlook for FY13

Titan Machinery (TITN) Misses Q2 EPS by 18c, Lowers FY EPS Guidance

September 10, 2012 6:56 AM EDT

Titan Machinery (NASDAQ: TITN) reported Q2 EPS of $0.25, $0.18 worse than the analyst estimate of $0.43. Revenue for the quarter came in at $410.1 million versus the consensus estimate of $401.91 million.

Titan Machinery sees FY2012 EPS of $2.10-2.3, versus prior guidance of $2.55-2.75 and the consensus of $2.64.... More