Titan Machinery

Titan Machinery, Inc. engages in the management of agricultural and construction equipment stores. It operates through the following segments: Agriculture, Construction and International. The Agriculture segment sells services and rents machinery and related parts and attachments, for uses from large-scale farming to home and garden use in North America. The Construction segment focuses on machinery and related parts and attachments, for uses from heavy construction to light industrial machinery. The International segment deals with the customers in Eastern Europe. The company was founded by David Joseph Meyer in 1980 and is headquartered in West Fargo, ND.

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q2 2025

Earnings data Q3 2025

Titan Machinery reports 23.6% revenue increase in Q1 2024

Titan Machinery's Q1 2024 earnings call highlighted strong revenue growth, particularly in the Agriculture segment, and a focus on addressing challenges related to equipment availability and parts support. Despite these challenges, the company remains optimistic about the outlook for fiscal 2024 and sees opportunities for growth in various segments.

Titan Machinery Inc. reports robust Q2 performance and expands into Australia

Titan Machinery Inc. delivered robust financial results, highlighted by strong revenue growth and strategic acquisition plans. While facing challenges in gross margin moderation and demand dynamics, the company is well-positioned to capitalize on opportunities in the equipment market and expand its international presence.

Titan Machinery Inc. reports record revenues but faces operational challenges

Titan Machinery Inc. reported record revenues but faced challenges due to delayed OEM deliveries and increased preparation time for new machinery. The company is confident in its future, anticipates strong fourth-quarter performance, and is focused on optimizing inventory levels and addressing operational challenges.

Titan Machinery achieves record fiscal 2023 results amidst supply challenges

Titan Machinery's fiscal 2023 performance was strong, with record sales and earnings.
Challenges include delayed shipments and supply chain issues impacting Q4 results.
Opportunities lie in catching up on backlog, sustained demand, and revenue growth.
Overall, Titan Machinery remains well-positioned for growth and profitability.

Titan Machinery reports record Q1 revenues, anticipates growth opportunities

Titan Machinery's strong Q1 performance, driven by revenue growth and improved margins, showcases resilience amid challenges like inventory shortages. The company's strategic acquisitions and customer-centric approach position it well for future growth opportunities. Despite operational challenges, Titan Machinery remains optimistic about delivering strong results for shareholders.

Titan Machinery posts robust Q2 results and eyes Australian expansion

Titan Machinery's Q2 performance reflects strong revenue growth, segment strength, and strategic acquisitions, positioning the company for continued success.
While facing challenges in margin moderation and inventory management, Titan Machinery's focus on synergies, organic growth, and market share gains presents opportunities for future growth.
With a solid financial outlook, strategic expansion plans, and a focus on operational efficiency, Titan Machinery remains well-positioned in the agricultural equipment market.
The company's emphasis on leveraging synergies from the O'Connors acquisition and capitalizing on strong demand for equipment underscores its growth potential and market competitiveness.

Titan Machinery reports record revenues in Q3 amidst operational challenges

Titan Machinery's Q3 2024 performance reflects record revenues and strong earnings per share, driven by high demand for tractors and loaders despite challenges with OEM deliveries.
While facing challenges in Europe and with technician shortages, the company is strategically addressing these issues and expects growth in all segments for Q4.
Opportunities lie in optimizing operational efficiency, addressing workforce challenges, and leveraging strong sales performance to drive sustained growth and profitability.
Overall, Titan Machinery's proactive measures, confidence in inventory levels, and focus on integration and cost management position the company for continued success and expansion.

Titan Machinery posts record Q4 results, eyes transitional fiscal 2025

Titan Machinery's strong Q4 performance sets the stage for a transitional fiscal 2025 marked by margin pressures and inventory management focus. The company aims to capitalize on market share gains, positive Australia acquisition outcomes, and strategic customer care initiatives.

Titan Machinery reports Q1 revenue growth amidst margin challenges

Titan Machinery's Q1 2025 performance reflected revenue growth but faced margin challenges and lower net income, prompting proactive inventory management strategies.
Despite operational challenges, the company's focus on customer care and aggressive actions to improve inventory levels demonstrate resilience and long-term commitment.
Management's emphasis on addressing inventory levels efficiently and updating guidance underscores a strategic approach to navigating market headwinds and driving future growth.

Titan Machinery adapts to industry challenges, focuses on efficiency

Titan Machinery faces challenges from softening demand in the agriculture equipment industry, leading to revenue decline and margin contraction.
However, the company's proactive measures to reduce inventory, control costs, and focus on service business present opportunities for future growth and efficiency.
Navigating through industry headwinds, Titan Machinery remains committed to optimizing resources and enhancing customer service to drive long-term success.

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TITN expects the EPS between breakeven and 50 cents for fiscal 2025 versus the earlier mentioned EPS of $2.25-$2.75.

Titan Machinery Meets on Q2 Earnings, Lowers FY25 View on Soft Demand

Titan Machinery Inc. (NASDAQ:TITN ) Q2 2025 Earnings Conference Call August 29, 2024 8:30 AM ET Company Participants Jeff Sonnek - Investor Relations, ICR Bryan Knutson - President and Chief Executive Officer Bo Larsen - Chief Financial Officer and Treasurer Conference Call Participants Edward Jackson - Northland Securities Mircea Dobre - Baird Benjamin Klieve - Lake Street Capital Min Chung Cho - B. Riley Securities Matthew Raab - Craig-Hallum Operator Greetings, and welcome to Titan Machinery Inc. Second Quarter Fiscal 2025 Earnings Call.

Titan Machinery Inc. (TITN) Q2 2025 Earnings Call Transcript

Titan Machinery (TITN) came out with quarterly earnings of $0.17 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.38 per share a year ago.

Titan Machinery (TITN) Matches Q2 Earnings and Revenue Estimates (Revised)

Titan Machinery (TITN) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of a loss of $0.12 per share. This compares to earnings of $1.38 per share a year ago.

Titan Machinery (TITN) Surpasses Q2 Earnings and Revenue Estimates

WEST FARGO, N.D., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN) ("Titan" or the "Company"), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal second quarter ended July 31, 2024.

Titan Machinery Inc. Announces Results for Fiscal Second Quarter Ended July 31, 2024

Titan Machinery Inc. stock has significantly underperformed, dropping 54% since last July, despite initial promising indicators and a “Buy” rating based on undervaluation and growth prospects. Key risks include rising operating costs, increased interest expenses, declining international sales, and inventory buildup, which have severely impacted profitability and financial stability. Recent downgrades, weak earnings guidance, and falling commodity prices have further pressured the stock, leading to a 26.8% drop after disappointing Q2 forecasts.

Titan Machinery Troubles: A Rating Change And The Path Forward (Downgrade)

Titan Machinery (TITN) Q2 results are likely to reflect lower demand and higher interest rates.

Titan Machinery (TITN) to Report Q2 Earnings: What's in Store?

Titan Machinery (TITN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Titan Machinery (TITN) to Report a Decline in Earnings: What to Look Out for

Titan Machinery (NASDAQ: TITN ) stock is falling hard on Thursday following the release of its preliminary earnings report for the second quarter of fiscal 2025. That starts with the company expecting revenue of approximately $634 million during the quarter.

Why Is Titan Machinery (TITN) Stock Down 24% Today?

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Titan Machinery Reports Weak Preliminary Results, Joins Precigen, Gogoro And Other Big Stocks Moving Lower In Thursday Pre-Market Session

– Updates Fiscal 2025 Modeling Assumptions – – Company to Hold Conference Call to Discuss Fiscal Second Quarter Results on August 29, 2024 – WEST FARGO, N.D., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN) (the “Company”), a leading network of full-service agricultural and construction equipment stores, today announced preliminary results for the fiscal second quarter ended July 31, 2024.

Titan Machinery Inc. Announces Preliminary Results for Fiscal Second Quarter Ended July 31, 2024

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Titan Machinery continues to grow revenues through acquisitions, but underlying performance has been weak, with a flat performance guided for FY2025. The FY2025 guidance expects continued significant margin pressure closer to the thin pre-pandemic level, making the investment case more volatile than I previously anticipated. The company's inventory is currently bloated, pressuring earnings through high short-term borrowings' interest and margin pressure from inventory management. Improvements are expected in the medium term.

Titan Machinery: Margin Pressure And Inventory Bloat Make The Stock A Cautious Buy

Titan Machinery (TITN) witnesses a decline in earnings in the first quarter of fiscal 2025 reflecting weak demand. Its FY25 guidance is down due to lower equipment margins.

Titan Machinery (TITN) Misses on Q1 Earnings, Lowers FY25 View

Titan Machinery Inc. (NASDAQ:TITN ) Q1 2025 Earnings Conference Call May 23, 2024 8:30 AM ET Company Participants Jeff Sonnek - Investor Relations, ICR Bryan Knutson - President and Chief Executive Officer Bo Larsen - Chief Financial Officer and Treasurer Conference Call Participants Ben Klieve - Lake Street Capital Mircea Dobre - Baird Edward Jackson - Northland Securities Operator Greetings. Welcome to Titan Machinery's First Quarter Fiscal 2025 Earnings Conference Call.

Titan Machinery Inc. (TITN) Q1 2025 Earnings Call Transcript

Titan Machinery (TITN) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $1.19 per share a year ago.

Titan Machinery (TITN) Q1 Earnings and Revenues Lag Estimates

WEST FARGO, N.D., May 23, 2024 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN) ("Titan" or the "Company"), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal first quarter ended April 30, 2024.

Titan Machinery Inc. Announces Results for Fiscal First Quarter Ended April 30, 2024

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WEST FARGO, N.D., May 09, 2024 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, announced today it will release financial results for the first quarter ended April 30, 2024, on Thursday, May 23, 2024, followed by an investor conference call at 7:30 a.m. Central time (8:30 a.m. Eastern time).

Titan Machinery Inc. to Report Fiscal First Quarter Ended April 30, 2024 Results on Thursday, May 23, 2024

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News for Titan Machinery Stock (TITN)