Toro Co expected to post earnings of 56 cents a share - Earnings Preview

Toro Co

18/12/2023 13:32

* Toro Co  TTC.N   TTC  is expected to show a fall in
quarterly
revenue when it reports  results on December 20 for the period
ending July 31 2023
    * The Bloomington Minnesota-based  company is expected to
report a
16.9% decrease in revenue to $973.65 million from $1.17 billion
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Toro Co is for earnings
of 56
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "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
$100.00​, above​ its last closing price of $87.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2023  1.24        1.24       0.95      Missed  -23.4
 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.        1.12        1.13       1.19      Beat    5.8
 31 2022                                                
 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
 This summary was machine generated December 18 at 13:32 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)