Brace yourselves for the unveiling of Titan Machinery's (NASDAQ: TITN) second quarter financial results on Thursday 29th August 2024. This eagerly awaited announcement will take place before market open.
The financial experts on Wall Street are predicting that the establishment will likely report an estimated $0.19 profit per share for the second quarter. Additionally, it is anticipated that the company will reveal a $645.28 million revenue during the quarter.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $1.38. This was credited to the company's total revenue, which reached an impressive $642.57 million in that particular timeframe.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $2.71 billion for the full year. Moreover, they anticipate the earnings per share to reach profit of $0.86 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2025 | $0.41 | -65.5% | 628.70 M | +10.4% |
| Q4 2024 | $1.05 | +29.6% | 852.13 M | +46.2% |
| Q3 2024 | $1.32 | -27.9% | 694.12 M | +3.8% |
| Q2 2024 | $1.38 | +25.5% | 642.57 M | +29.4% |
*Growth on year-over-year basis
TITN has scheduled a conference call on 29th August 2024 at 08:30 AM eastern time to discuss the second quarter financial results and other related information.
Titan Machinery (TITN) shares traded as low as $14.09 and as high as $14.51 on a day volume of 172.90 thousand shares, closed Tuesday's regular trading session at $14.09, fall of 1.81 percent.
