Toro Co expected to post earnings of $1.24 a share - Earnings Preview

Toro Co

05/09/2023 14:02

* Toro Co  TTC.N   TTC  is expected to show a rise in
quarterly
revenue when it reports  results on September 7. 
    * The Bloomington Minnesota-based  company is expected to
report 
a 5.4% increase in revenue to $1.223 billion from $1.16 billion
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Toro Co is for
earnings
of $1.24 per share. The company's EPS guidance on June 8 2023,
for the period ended July 31, was between $1.19 and $1.21 
    * 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
$117​,
above​ its last closing price of $103.65. ​​​

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 2023  1.53        1.52       1.58      Beat    4.1
 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
 ​​Apr.        1.22        1.23       1.24      Beat    0.8
 30 2022                                                
 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
 This summary was machine generated September 5 at 13:01 GMT. 
All figures in US dollars  unless otherwise stated