Titan Machinery Meets Earnings Estimates in Q3, Lowers FY25 View
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Titan Machinery (TITN) met its earnings estimates for Q3 but has lowered its fiscal year 2025 outlook due to lower equipment margins and softer retail demand.
November 27, 2024 | 5:00 pm
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Titan Machinery met Q3 earnings estimates but lowered its FY25 outlook due to lower equipment margins and softer retail demand.
The company's Q3 performance was in line with expectations, but the lowered FY25 outlook suggests potential challenges ahead, likely impacting investor sentiment negatively in the short term.
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