Titan Machinery: Fiscal Q3 Earnings Snapshot
WEST FARGO, N.D. (AP) — WEST FARGO, N.D. (AP) — Titan Machinery Inc. (TITN) on Thursday reported fiscal third-quarter earnings of $30.2 million.
On a per-share basis, the West Fargo, North Dakota-based company said it had profit of $1.32.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.51 per share.
The agriculture and construction equipment seller posted revenue of $694.1 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $723.3 million.
Titan Machinery expects full-year earnings to be $4.60 to $5.25 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TITN at https://www.zacks.com/ap/TITN
