Titan Machinery rises on quarterly revenue beat

Shares of agricultural and construction equipment dealer Titan Machinery TITN.O rise nearly 5.2% to about $17.3

Co beats third-quarter profit and revenue estimates, driven by a favorable sales mix and inventory reductions totaling $98 million during the first nine months of fiscal 2026

TITN reports Q3 revenue of $644.5 million, above analysts' estimate of $599.2 million

Posts Q3 earnings per diluted share of 5 cents, compared with 7 cents a year ago

TITN forecasts FY adj. diluted loss per share between $1.50 and $2

Three of five brokerages rate the stock "buy" or higher and two "hold"; their median PT is $24; according to data compiled by LSEG

As of last close, shares up 16.4% YTD