Titan Machinery: Q1 Earnings Insights
Portfolio Pulse from Benzinga Insights
Titan Machinery (NASDAQ:TITN) reported Q1 earnings with an EPS of $1.19, beating estimates by 16.67%. Revenue was up $108.62 million YoY. The company provided FY 2024 guidance, expecting earnings between $4.5 and $5.1 per share.
May 25, 2023 | 11:00 am
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Titan Machinery's Q1 earnings beat estimates with an EPS of $1.19 and revenue up $108.62 million YoY. FY 2024 guidance expects earnings between $4.5 and $5.1 per share.
Titan Machinery's Q1 earnings beat estimates, which is a positive sign for investors. The company's revenue also increased YoY, indicating growth. Additionally, the FY 2024 guidance provided by the management shows optimism for the future performance of the company. These factors combined suggest a likely short-term positive impact on the stock price.
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