Earnings Summary

Titan Machinery Inc’s revenue jumped 46.17% since last year same period to $852.13Mn in the Q1 2024. On a quarterly growth basis, Titan Machinery Inc has generated 22.77% jump in its revenue since last 3-months.

Titan Machinery Inc’s net profit jumped 30.28% since last year same period to $23.6Mn in the Q1 2024. On a quarterly growth basis, Titan Machinery Inc has generated -21.85% fall in its net profits since last 3-months.

Titan Machinery Inc’s net profit margin fell -10.87% since last year same period to 2.77% in the Q1 2024. On a quarterly growth basis, Titan Machinery Inc has generated -36.34% fall in its net profit margins since last 3-months.

Titan Machinery Inc’s price-to-earnings ratio after this Q1 2024 earnings stands at 4.6.

Titan Machinery Inc’s earning per share (EPS) estimates for the current quarter stand at 0.64 - a -37.25% fall from last quarter’s estimates.

Titan Machinery Inc’s earning per share (EPS) estimates for the current year stand at 0.64.

Titan Machinery Inc’s earning per share (EPS) jumped 61.73% since last year same period to 1.31 in the Q1 2024. This indicates that the Titan Machinery Inc has generated 61.73% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Titan Machinery Inc’s return on assets (ROA) stands at 0.07.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Titan Machinery Inc’s return on equity (ROE) stands at 0.19.