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

Toro Co

07/09/2023 14:31

* Toro Co  TTC.N  reported quarterly adjusted earnings of 95
cents​​ per share for the quarter ended in July. The mean
expectation of six analysts for the quarter was for earnings of
$1.24 per share.
    * Revenue fell 6.8% to $1.08 billion from a year ago;
analysts
expected $1.22 billion. 
    * Toro Co's reported EPS for the quarter was a loss of 14
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.7%
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 1.9% this quarter and
lost 11.9% so
far this year.
    * The company reported a quarterly loss of $14.96 million.
    * Wall Street's median 12-month price target for Toro Co is
$117.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
September 7 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      1.24           0.95           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