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

Toro Co

01/09/2022 14:31

* Toro Co  TTC.N  reported quarterly adjusted earnings of
$1.19​​
per share for the quarter ended in July. The mean expectation of
four analysts for the quarter was for earnings of $1.13 per
share.
    * Revenue rose 18.8% to $1.16 billion from a year ago;
analysts
expected $1.18 billion. 
    * Toro Co's reported EPS for the quarter was $1.19​.
    * The mean earnings estimate of analysts had risen by
about 1.8%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Toro Co shares had risen by 9.4% this quarter and
lost 17.0% so
far this year.
    * The company reported quarterly net income of $125.15
million.
    * Wall Street's median 12-month price target for Toro Co is
$94.00
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data September
1 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      1.13           1.19           Beat
 Apr. 30 2022      1.23           1.24           Beat
 Jan. 31 2022      0.62           0.66           Beat
 Oct. 31 2021      0.53           0.56           Beat