Titan Machinery Updates FY24 Outlook Modeling Assumptions For O'Connors Transaction; Boosts EPS Outlook From $4.50-$5.10 To $4.60-$5.25, Est. $4.90
Portfolio Pulse from Benzinga Newsdesk
Titan Machinery has updated its FY24 outlook modeling assumptions for the O'Connors transaction. The company has increased its EPS outlook from $4.50-$5.10 to $4.60-$5.25, with an estimate of $4.90.
August 30, 2023 | 8:22 pm
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Titan Machinery's updated FY24 outlook due to the O'Connors transaction has led to an increase in its EPS outlook from $4.50-$5.10 to $4.60-$5.25.
The updated FY24 outlook by Titan Machinery due to the O'Connors transaction has led to an increase in its EPS outlook. This positive financial update is likely to have a positive impact on the company's stock in the short term.
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