Titan Machinery Inc. (TITN) announced after the close Thursday that it expects to report a first quarter loss of $0.01 to $0.03 per share. The consensus estimate is for a profit of $0.19 per share. The company also lowered its full year EPS forecast to between $1.70 and $2.00, from prior expectations of $2.00 to $2.30.
Titan Machinery gapped open sharply lower Friday, but recovered some ground in early trade, before settling into a range. Shares finished down by 2.10 at $20.40 on above average volume. The stock fell below a month and a half long range and set a 6-month low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.