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0 0.000305716906144849 0.00128401100580867 -0.00213390400489149 -0.0265973708346072 0.0162029960256803 0.0168144298379702 0.0168144298379702
Stock impact report

Why Titan Machinery (TITN) Stock Is Trading Up Today [Yahoo! Finance]

Titan Machinery Inc. (TITN) 
Last titan machinery inc. earnings: 3/26 06:45 am Check Earnings Report
US:NASDAQ Investor Relations: ir.titanmachinery.com
Company Research Source: Yahoo! Finance
results which blew past analysts' revenue expectations. Adding to the positive, free cash flow improved significantly. The key detail was the significant progress made towards clearing excess inventory. This had a negative effect on margins and also partly explained the double-digit percentage decline in sales relative to the previous year. The decision also aligned with the output of the company's model for the next fiscal year, which assumed that demand for North American large agriculture equipment would fall approximately 30% year-over-year. This revealed that the broader industry faced headwinds from high interest rates and declining farm income, both of which weighed on farmers' ability to invest in new equipment?. Despite the mixed quarter, the stock's reaction suggested that investors appreciated management's proactive approach to navigating short-term pressures while positioning the company for long-term gains. Is now the time to buy Titan Machinery? Access our full a Show less Read more
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