The earnings call highlighted some achievements, such as inventory reduction and growth in the Construction segment. However, these were overshadowed by significant challenges including revenue decline, margin compression, and difficulties in the European and Australian markets. The increase in interest expenses further impacted the financial performance.
Company Guidance
During the Titan Machinery Inc. Q3 2025 earnings call, the company provided detailed guidance on various financial metrics. The total revenue for the quarter was reported at $679.8 million, marking a 2.1% decrease compared to the previous year, with same-store sales dropping by 10.5%. Gross profit stood at $110 million, with a margin contraction of 360 basis points to 16.3%, primarily due to lower equipment margins. The Agriculture segment saw a sales decrease of 9.3% to $482 million, while the Construction segment experienced a 10% increase in same-store sales to $85.3 million. However, the Europe segment faced a significant sales decline of 26.8% due to adverse weather conditions. The company managed to reduce its total inventory by approximately $115 million, with a focus on reducing equipment inventory by around $400 million from its $1.3 billion peak. Looking ahead, Titan expects further equipment margin compression and anticipates adjusted diluted EPS to range from a loss of $0.25 per share to earnings of $0.25 per share for fiscal 2025.
Inventory Reduction Success
Titan Machinery successfully reduced their total inventory by approximately $115 million in Q3, with plans to reduce it by $400 million from the $1.3 billion peak by the end of fiscal 2026.
Construction Segment Growth
The Construction segment achieved a 10% same-store sales increase, indicating resilience and stability in this sector.
Optimism in Construction Outlook
The federal infrastructure bill and improved equipment availability are providing healthy support for the long-term outlook of the Construction segment.
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Titan Machinery (TITN) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TITN Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 26, 2024
$15.42
$16.07
+4.22%
Aug 29, 2024
$14.13
$14.24
+0.78%
May 23, 2024
$23.16
$19.75
-14.72%
Mar 21, 2024
$26.87
$25.06
-6.74%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Titan Machinery (TITN) report earnings?
Titan Machinery (TITN) is schdueled to report earning on Mar 27, 2025, TBA Not Confirmed.
What is Titan Machinery (TITN) earnings time?
Titan Machinery (TITN) earnings time is at Mar 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.