03:08 PM EDT, 08/28/2025 (MT Newswires) -- Titan Machinery ( TITN ) shares fell 6.3% in recent Thursday trading after its fiscal Q2 swung to an adjusted loss and revenue declined.
The company reported earlier a fiscal Q2 adjusted loss of $0.26 per diluted share, swinging from adjusted earnings of $0.17 a year earlier.
Four analysts polled by FactSet expected a loss of $0.50.
Revenue for the quarter ended July 31 was $546.4 million, down from $633.7 million a year earlier.
Analysts surveyed by FactSet expected $503.8 million.
For fiscal 2026, the company said it now expects an adjusted loss of $1.50 to $2.00, versus prior outlook for an adjusted loss of $1.25 to $2.00. Four analysts polled by FactSet expect a loss of $1.74.
Price: 19.68, Change: -1.33, Percent Change: -6.33