Titan Machinery (NASDAQ:TITN) reported its Q1 earnings results on Thursday, May 26, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
Titan Machinery beat estimated earnings by 49.06%, reporting an EPS of $0.79 versus an estimate of $0.53.
Revenue was up $88.30 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.45 which was followed by a 6.92% drop in the share price the next day.
Here's a look at Titan Machinery's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.54 | 0.67 | 0.44 | 0.16 |
| EPS Actual | 0.99 | 0.96 | 0.57 | 0.46 |
| Revenue Estimate | 524.60M | 429.87M | 372.72M | 337.66M |
| Revenue Actual | 507.60M | 453.98M | 377.63M | 372.71M |
To track all earnings releases for Titan Machinery visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
