版本:
中国

BRIEF-Titan Machinery Inc Q4 loss per share $0.38

March 30 Titan Machinery Inc:

* Titan Machinery Inc anounces results for fiscal fourth quarter and fiscal year ended January 31, 2017

* Q4 adjusted non-gaap loss per share $0.31

* Q4 loss per share $0.38

* Q4 revenue $317.6 million versus I/B/E/S view $313.3 million

* Q4 earnings per share view $-0.21 -- Thomson Reuters I/B/E/S

* Titan Machinery - closed one construction location during q4 ended Jan 31, 2017 and expects to close 14 agriculture locations during 1h of fiscal 2018

* "fiscal 2018 is expected to be a challenging operating environment"

* Titan Machinery Inc - fiscal 2018 modeling assumptions are international segment sales up 3 percent - 8 percent

* "expect to reduce equipment inventory by another $50 million in fiscal 2018"

* Titan Machinery Inc - fiscal 2018 modeling assumptions are agriculture segment sales down 10 percent -15 percent (includes impact of closed stores)

* Titan Machinery Inc - expect to reduce equipment inventory by another $50 million in fiscal 2018

* Titan Machinery - fiscal 2018 expect diluted EPS to be slightly positive,exclusive of anticipated charges associated with restructuring activities

* Titan Machinery Inc - impairment and realignment costs were $4.2 million for Q4 of fiscal 2017 Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

更多 公司新闻(英文)

热门文章

编辑推荐

文章推荐