earnings
confidence high
sentiment negative
materiality 0.80
Titan Machinery Q3 EPS $0.07 vs $1.32 last year; cuts fiscal 2025 guidance
Titan Machinery Inc.
2025-Q3 EPS
reported $0.30
vs consensus -$0.51
▲ beat
(+158.8%)
- Net income $1.7M ($0.07 diluted EPS) vs $30.2M ($1.32) last year; revenue $679.8M down 2% YoY.
- Gross margin fell to 16.3% from 19.9% due to lower equipment margins and inventory reduction strategy.
- Inventory reduced ~$115M sequentially to $1.4B; floorplan payables $1.0B.
- Lowered fiscal 2025 diluted EPS guidance to ($0.61)-($0.11) from ($0.36)-$0.14; adjusted EPS to ($0.25)-$0.25.
- Europe segment revenue down 27.2% on weaker demand and drought; Australia revenue outlook cut to $220M-$230M USD.