Earning Scan: TTN, IDT, FCEL, NX
Friday, December 09, 2021 9:13 AM



Few companies declared their quarterly earnings before the opening bell, while no major companies are scheduled to declare their financial results after the closing bell today. Several companies are set to unveil their quarterly financial results Monday.


Titan Machinery Inc. (Nasdaq: TTN), which owns and operates a network of full service agricultural and construction equipment stores in the U.S., declared its fiscal 2011 third-quarter earnings early today. The company’s net profit rose 66 percent to $12.8 million, or $0.61 a share, up from $7.71 million, or $0.42, a year earlier. Revenue jumped 36 percent to $423 million. Analysts had most recently forecasted earnings of $0.50 on revenue of $384 million. Gross margin rose to 17.5 percent from 15.4 percent as a larger percentage of revenue came from its higher margin parts, service and rental business. Agriculture sales increased 28 percent and the segment's earnings rose 39 percent. The smaller construction segment swung to a profit as its sales jumped 94 percent.

IDT Corp. (NYSE: IDT), which operates as a telecommunications and energy company, will declare its FY2012 Q1 earnings Monday. Analysts estimate a net profit of $0.23 per share for the company. It has a market capitalization of $286.26 million with a P/E ratio of 10.55.

FuelCell Energy Inc. (Nasdaq: FCEL), which is engaged in the development, manufacturing and sale of high temperature fuel cells for clean electric power generation primarily in South Korea, the U.S., Germany, Japan, and Canada, will announce its FY2011 Q4 earnings after the closing bell Monday. Analysts estimate a net loss of $0.07 per share for the company. It has a market capitalization of $114.37 million.

Quanex Building Products Corp. (NYSE: NX), which provides engineered and aluminum sheet products, will declare its FY2011 Q4 earnings before the market opens Monday. Analysts estimate a net profit of $0.23 per share for the company. It has a market capitalization of $536.51 million with a P/E ratio of 48.46.

 

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