Toro Co reports results for the quarter ended in April - Earnings Summary

Toro Co

08/06/2023 14:32

* Toro Co  TTC.N  reported quarterly adjusted earnings of
$1.58​​
per share for the quarter ended in April. The mean expectation
of five analysts for the quarter was for earnings of $1.52 per
share.
    * Revenue rose 7.2% to $1.34 billion from a year ago;
analysts
expected $1.44 billion. 
    * Toro Co's reported EPS for the quarter was $1.59​.
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Toro Co shares had fallen by 5.8% this quarter and
lost 7.5% so
far this year.
    * The company reported quarterly net income of $167.47
million.
    * Wall Street's median 12-month price target for Toro Co is
$125.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
8 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      1.52           1.58           Beat
 Jan. 31 2023      0.94           0.98           Beat
 Oct. 31 2022      1.09           1.11           Beat
 Jul. 31 2022      1.13           1.19           Beat