While total revenues remain decidedly below year-ago levels, Titan Machinery registered a slight win in its fiscal second quarter ended July 31 — at least with analysts. Consensus for the period was for an adjusted loss of $0.03 per share, but Titan managed to eke out a breakeven EPS of $0.00. This was the second consecutive quarter that the dealership group beat analysts’ consensus for EPS.
The beat was driven by a lower cost structure…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
