Titan Machinery (TITN) Reports Q1 Loss, Tops Revenue Estimates

Titan Machinery (TITN) came out with a quarterly loss of $0.58 per share versus the Zacks Consensus Estimate of a loss of $0.79. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 26.58%. A quarter ago, it was expected that this agriculture and construction equipment seller would post a loss of $0.87 per share when it actually produced a loss of $1.98, delivering a surprise of -127.59%.Over the ...