Earnings Preview For Titan Machinery
Portfolio Pulse from Benzinga Insights
Titan Machinery (NASDAQ:TITN) is set to release its latest quarterly earnings report on August 31, 2023. Analysts estimate an earnings per share (EPS) of $1.17. The company's past performance shows a trend of share price drops following earnings reports, despite beating EPS estimates. The stock is currently trading at $28.7, down 4.89% over the last 52-week period.
August 30, 2023 | 4:00 pm
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Titan Machinery's upcoming earnings report could potentially impact its stock price. Despite beating EPS estimates in the past, the company's share price has typically dropped post-earnings. The stock is currently down 4.89% over the last 52 weeks.
Titan Machinery's stock price has shown a trend of dropping after earnings reports, even when the company beats EPS estimates. This suggests that investors may be focusing more on the company's guidance or other factors. Given this trend and the current negative return over the last 52 weeks, the upcoming earnings report could potentially have a negative impact on the stock price.
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