Titan Machinery: Here’s What Investors Need to Know Before Earnings

Titan Machinery (NASDAQ:TITN) will report earnings before markets open on Thursday, June 6th. Titan Machinery, Inc. owns and operates full service agricultural and construction equipment stores in North America. The Company also sells and rents agricultural and construction equipment, sell parts, and service the equipment in the areas surrounding their stores.

Here is your Cheat Sheet to Titan Machinery Earnings:

Earnings Expectations: Analysts expect earnings of $-0.02 per share on revenues of $446.93 million. Currently, the company’s P/E ratio stands at 10.24.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.37 to a profit $0.24. For the current year, the average estimate is a profit of $1.81, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Titan Machinery has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012 2013
Revenue ($) in millions 690 839 1,094 1,659 2,198
Diluted EPS ($) 1.08 0.88 1.23 2.18 2.00

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 421.72 410.07 582.11 784.51
Diluted EPS ($) 0.36 0.25 0.66 0.73

Past Performance:
Titan Machinery has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)