TITAN MACHINERY INC logo

TITN

TITAN MACHINERY INC

$35.45

Earnings Summary

Revenue
$377.63Mn
Net Profits
$11.25Mn
Net Profit Margins
2.98%

Highlights

Revenue:

TITAN MACHINERY INC’s revenue jumped 24.44% since last year same period to $377.63Mn in the Q3 2021. On a quarterly growth basis, TITAN MACHINERY INC has generated 1.32% jump in its revenue since last 3-months.

Net Profits:

TITAN MACHINERY INC’s net profit jumped 75.77% since last year same period to $11.25Mn in the Q3 2021. On a quarterly growth basis, TITAN MACHINERY INC has generated 6.66% jump in its net profits since last 3-months.

Net Profit Margins:

TITAN MACHINERY INC’s net profit margin jumped 41.25% since last year same period to 2.98% in the Q3 2021. On a quarterly growth basis, TITAN MACHINERY INC has generated 5.27% jump 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
0.95
EPS Estimate Current Year
0.95

Highlights

EPS Estimate Current Quarter:

TITAN MACHINERY INC’s earning per share (EPS) estimates for the current quarter stand at 0.95 - a 35.84% 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 0.95.

Key Ratios

Key ratios of the TITAN MACHINERY INC post its Q3 2022 earnings

Earning Per Share (EPS)
1.1
Return on Assets (ROA)
0.08
Return on Equity (ROE)
0.2

Highlights

Earning Per Share (EPS):

TITAN MACHINERY INC’s earning per share (EPS) jumped 92.98% since last year same period to 1.1 in the Q3 2022. This indicates that the TITAN MACHINERY INC has generated 92.98% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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 0.08.

Earning Per Share (EPS):

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 0.2.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-09-09
0.7
1.1
57.71%
2022-06-03
0.53
0.79
48.36%
2022-04-01
0.54
0.99
84.19%

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
644 East Beaton Drive, West Fargo, ND, United States, 58078-2648
Employees
2288
Industry
Retail Trade
CEO
David Meyer

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