Titan Machinery Inc (TITN) is reporting earnings on August 25. Lets zoom in on how the stock is performing.
Analysts are thinking we'll see an EPS (earnings per share) of $6.68, GAAP Estimate of $6.69, on
Revenue Estimate of $12.84B for Titan Machinery Inc on Thursday. Over the last 90 days, analysts have raised estimates 4 times.
There are three primary things that TITN bulls will be concerned with. The first is that the reported EPS beat analysts estimates. The second is that the beat is on higher than expected revenues. Third, that the company guides analysts to robust growth going forward. If all check out, the stock should react accordingly.
Bears are one of the most intelligent land animals in North America. Which is why they'll be listening for news that the company misses on EPS, Revenues, or future guidance. They will look to push a negative growth story for the stock in the coming quarters, and will gain more traction in a generally down market as opposed a market that is generally trending upwards.
Whether you're a bear or bull you'll want to be aware that occasionally a stock's price movement is caused by the analysts' estimates changing from the Q&A call with management, rather than from the earnings report itself. As you see more of these, you'll begin to notice patterns in the runup and rundown of the stock's price.
Share price moves can have an impact on existing shareholder sentiment. As of August 17 shares of TITN are trading at $31.72. Over the last 52-week period, the price is down -17.78%.