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

Toro Co

09/03/2023 15:15

* Toro Co  TTC.N  reported quarterly adjusted earnings of 98
cents​​ per share for the quarter ended in January. The mean
expectation of three analysts for the quarter was for earnings
of 94 cents per share.
    * Revenue rose 23.2% to $1.15 billion from a year ago;
analysts
expected $1.16 billion. 
    * Toro Co's reported EPS for the quarter was $1.01​.
    * The mean earnings estimate of analysts had fallen by
about 12.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Toro Co shares had risen by 0.1% this quarter.
    * The company reported quarterly net income of $106.86
million.
    * Wall Street's median 12-month price target for Toro Co is
$123.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 03:14 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2023      0.94           0.98           Beat
 Oct. 31 2022      1.09           1.11           Beat
 Jul. 31 2022      1.13           1.19           Beat
 Apr. 30 2022      1.23           1.24           Beat