Titan Machinery (TITN) Q4 Revenue Misses

Titan Machinery (NASDAQ: TITN) reported Q4 EPS of ($1.31), may not compare to the analyst estimate of ($0.10). Revenue for the quarter came in at $335 million versus the consensus estimate of $369.95 million.

Fiscal 2017 Modeling Assumptions

The following are the Company’s current expectations for certain fiscal 2017 modeling assumptions:

• Agriculture Same Store Sales Down 13% to 18%
• Construction Same Store Sales Flat
• International Same Store Sales Flat
• Equipment Margins Between 7.7% and 8.3%
• Expect adjusted diluted earnings per share to range from a slight loss to break-even

For earnings history and earnings-related data on Titan Machinery (TITN) click here.

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