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Titan Machinery Inc (TITN.OQ)

TITN.OQ on NASDAQ Stock Exchange Global Select Market

14.38USD
17 Aug 2018
Change (% chg)

$0.32 (+2.28%)
Prev Close
$14.06
Open
$13.98
Day's High
$14.55
Day's Low
$13.98
Volume
60,339
Avg. Vol
70,954
52-wk High
$25.08
52-wk Low
$11.70

Latest Key Developments (Source: Significant Developments)

Titan Machinery Inc Q4 GAAP Earnings Per Share $0.08
Thursday, 29 Mar 2018 

March 29 (Reuters) - Titan Machinery Inc ::ANNOUNCES RESULTS FOR FISCAL FOURTH QUARTER AND FULL YEAR ENDED JANUARY 31, 2018.Q4 ADJUSTED LOSS PER SHARE $0.10.Q4 GAAP EARNINGS PER SHARE $0.08.Q4 REVENUE $340 MILLION VERSUS I/B/E/S VIEW $315 MILLION.Q4 EARNINGS PER SHARE VIEW $-0.14 -- THOMSON REUTERS I/B/E/S.SEES 2019 DILUTED EPS $0.35 - $0.55.FY2019 EARNINGS PER SHARE VIEW $0.27 -- THOMSON REUTERS I/B/E/S.  Full Article

Titan Machinery Reports Q3 Adjusted Earnings Per Share Of $0.20
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Titan Machinery Inc ::ANNOUNCES RESULTS FOR FISCAL THIRD QUARTER ENDED OCTOBER 31, 2017.Q3 ADJUSTED EARNINGS PER SHARE $0.20.Q3 GAAP EARNINGS PER SHARE $0.11.Q3 REVENUE $330.3 MILLION VERSUS I/B/E/S VIEW $307.3 MILLION.Q3 EARNINGS PER SHARE VIEW $0.08 -- THOMSON REUTERS I/B/E/S.- INVENTORY LEVEL INCREASED TO $529.8 MILLION AS OF OCTOBER 31, 2017, COMPARED TO $478.3 MILLION AS OF JANUARY 31, 2017.- ‍CURRENT ASSUMPTIONS FOR 2018 DILUTED LOSS PER SHARE $0.15 - $0.25.- ‍RESTRUCTURING COSTS WERE $2.6 MILLION FOR Q3 OF FISCAL 2018​.- ANTICIPATES COMPLETING ALL RESTRUCTURING ACTIVITIES BY END OF FISCAL 2018.FY2018 EARNINGS PER SHARE VIEW $-0.22 -- THOMSON REUTERS I/B/E/S.  Full Article

Titan Machinery reports dealership restructuring plan
Friday, 10 Feb 2017 

Titan Machinery Inc : Titan Machinery Inc - company expects $25 million in annual cost savings from restructuring plan . Titan Machinery Inc - consolidated locations will be merged into adjacent dealerships . Titan Machinery Inc - restructuring plan announced today is expected to be completed by end of July 2017 . Titan Machinery Inc. Announces dealership restructuring plan . Titan Machinery Inc - expects to close 14 agriculture locations during first half of current fiscal year . Restructuring plan is expected to result in a significant reduction of expenses . Titan Machinery- reduction in revenue is expected to be approximately $40 million, or less than 4 pct of overall company revenue, on an annual basis from plan . Titan Machinery - for fiscal 2018, expense reduction is expected to be approximately $20 million from plan . Titan Machinery- restructuring plan, excluding non-recurring costs to increase adjusted pre-tax income by about $16 million (or $0.44 per diluted share) on annual basis . Titan Machinery -part of non-recurring pre-tax costs associated with restructuring plan expected to be recognized in Q4 of fiscal 2017 .Titan Machinery - approximately $9.5 million (or $0.26 per diluted share) of costs is expected to be recognized in fiscal 2018.  Full Article

BRIEF-Titan Machinery Inc Q4 GAAP Earnings Per Share $0.08

* ANNOUNCES RESULTS FOR FISCAL FOURTH QUARTER AND FULL YEAR ENDED JANUARY 31, 2018