Titan Machinery Inc. (TITN) reported fourth quarter net income of $0.73 per share Wednesday morning, down from $0.84 a year ago. The consensus estimate was for EPS of $0.92.
Titan Machinery gapped open sharply lower Wednesday, but traded in a range throughout the session. Shares finished down by 3.67 at $22.45, with volume at a 7-month high. The stock dropped to a 4-month low.
For comments and feedback: editorial@rttnews.com