Toro Co expected to post earnings of $1.13 a share - Earnings Preview

Toro Co

30/08/2022 13:32

* Toro Co  TTC.N   TTC  is expected to show a rise in
quarterly
revenue when it reports  results on September 1. 
    * The Bloomington Minnesota-based  company is expected to
report 
a 20.9% increase in revenue to $1.181 billion from $976.84
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Toro Co is for
earnings
of $1.13 per share. For the same quarter last year, the company
reported earnings of 92 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Toro Co is
$94​,
above​ its last closing price of $84.03. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Apr. 30 2022  1.22        1.23       1.24      Beat    0.8
 Jan. 31 2022  0.62        0.62       0.66      Beat    5.8
 Oct. 31 2021  0.53        0.53       0.56      Beat    6.5​
 Jul. 31 2021  0.77        0.77       0.92      Beat    20.1
 ​​Apr.        1.23        1.22       1.29      Beat    5.7
 30 2021                                                
 Jan. 31 2021  0.76        0.75       0.85      Beat    13.8​
 Oct. 31 2020  0.55        0.52       0.64      Beat    24
 Jul. 31 2020  0.57        0.55       0.82      Beat    49.5
 This summary was machine generated August 30 at 12:32 GMT.  All
figures in US dollars  unless otherwise stated