Toro Co expected to post earnings of $1.22 a share - Earnings Preview

Toro Co

03/09/2024 14:27

* Toro Co  TTC.N   TTC  is expected to show a rise in
quarterly
revenue when it reports  results on September 5 for the period
ending July 31 2024
    * The Bloomington Minnesota-based  company is expected to
report a
16.4% increase in revenue to $1.259 billion from $1.08 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.The company's guidance on June 6 2024, for the
period ended July 31, was for revenue between $1.27 billion and
$1.29 billion.
    * ​LSEG's mean analyst estimate for Toro Co is for earnings
of
$1.22 per share. The company's EPS guidance on June 6 2024, for
the period ended July 31, was between $0.95 and $0.97 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"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
$102.00​, above​ its last closing price of $92.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   1.29        1.29       1.40      Beat    8.7
 Jan. 31 0001  0.65        0.66       0.64      Missed  -2.8
 Oct. 31 2023  0.56        0.56       0.71      Beat    27.5​
 Jul. 31 2023  1.24        1.24       0.95      Missed  -23.4
 ​​Apr.        1.53        1.52       1.58      Beat    4.1
 30 2023                                                
 Jan. 31 2023  0.95        0.94       0.98      Beat    4.3​
 Oct. 31 2022  1.09        1.09       1.11      Beat    2.1
 Jul. 31 2022  1.12        1.13       1.19      Beat    5.8
 This summary was machine generated September 3 at 13:27 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)