earnings
confidence high
sentiment negative
materiality 0.80
Titan Machinery Q2 FY2025 net loss $4.3M, EPS -$0.19; reiterates weak FY guidance
Titan Machinery Inc.
2025-Q2 EPS
reported $0.22
vs consensus -$0.93
▲ beat
(+123.7%)
- Revenue $633.7M, down 1.4% YoY; gross margin fell to 17.7% from 20.8% on lower equipment margins.
- Agriculture revenue $424.0M (-9.6% YoY); pre-tax income just $0.6M vs $33.0M last year.
- Europe revenue ex-FX fell 24.1% to $68.1M; segment pre-tax loss $2.3M vs income $5.6M.
- Adjusted EPS of $0.17 excludes $0.36 sale-leaseback charge; FY adjusted EPS guidance $0.00-$0.50.
- Inventories $1.5B (up $226M since Jan); floorplan payables $1.2B; focus on used inventory reduction.