Feltl & Co Downgrades Titan Machinery (TITN) to Buy

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

September 10, 2012 9:27 AM EDT

Titan Machinery (Nadaq: TITN) is getting hit Monday following frumpy second-quarter 2013 results and cut guidance for fiscal 2013.

EPS of 25 cents came in 18 cents below views, though sales beat the consensus.

Looking ahead, Titan lowered its fiscal 2013 EPS outlook from $2.55 to... More

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