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TITN

Titan Machinery Inc

$32.2

Earnings Summary

Revenue
$461.01Mn
Net Profits
$17.54Mn
Net Profit Margins
3.8%

Highlights

Revenue:

Titan Machinery Inc’s revenue jumped 23.69% since last year same period to $461.01Mn in the Q2 2022. On a quarterly growth basis, Titan Machinery Inc has generated -9.18% fall in its revenue since last 3-months.

Net Profits:

Titan Machinery Inc’s net profit jumped 66.3% since last year same period to $17.54Mn in the Q2 2022. On a quarterly growth basis, Titan Machinery Inc has generated -21.82% fall in its net profits since last 3-months.

Net Profit Margins:

Titan Machinery Inc’s net profit margin jumped 34.45% since last year same period to 3.8% in the Q2 2022. On a quarterly growth basis, Titan Machinery Inc has generated -13.92% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Titan Machinery Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.69
EPS Estimate Current Year
0.69

Highlights

EPS Estimate Current Quarter:

Titan Machinery Inc’s earning per share (EPS) estimates for the current quarter stand at 0.69 - a 30.19% jump from last quarter’s estimates.

EPS Estimate Current Year:

Titan Machinery Inc’s earning per share (EPS) estimates for the current year stand at 0.69.

Key Ratios

Key ratios of the Titan Machinery Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.79

Highlights

Earning Per Share (EPS):

Titan Machinery Inc’s earning per share (EPS) jumped 71.74% since last year same period to 0.79 in the Q2 2022. This indicates that the Titan Machinery Inc has generated 71.74% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-03
0.53
0.79
49.06%
2022-04-01
0.54
0.99
83.33%

Company Information

Titan Machinery Inc., founded in 1980 and headquartered in West Fargo, North Dakota, owns and operates a network of full service agricultural and construction equipment dealer locations in North America and Europe. The network consists of US locations in Arizona, Colorado, Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota, Wisconsin and Wyoming and its European stores are located in Bulgaria, Germany, Romania, Serbia and Ukraine. The Titan Machinery locations represent one or more of the CNH Industrial Brands, including Case IH, New Holland Agriculture, Case Construction, New Holland Construction, and CNH Industrial Capital.

Organisation
Titan Machinery Inc
Headquarters
West Fargo, North Dakota, US
Employees
2.32K
Industry
Retail Trade
CEO
David Meyer