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

Toro Co

21/12/2022 14:31

* Toro Co  TTC.N  reported quarterly adjusted earnings of
$1.11​​
per share for the quarter ended in October. The mean expectation
of four analysts for the quarter was for earnings of $1.09 per
share.
    * Revenue rose 22% to $1.17 billion from a year ago;
analysts
expected $1.18 billion. 
    * Toro Co's reported EPS for the quarter was $1.12​.
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Toro Co shares had risen by 29.5% this quarter and
gained 12.1%
so far this year.
    * The company reported quarterly net income of $117.56
million.
    * Wall Street's median 12-month price target for Toro Co is
$123.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data December
21 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2022      1.09           1.11           Beat
 Jul. 31 2022      1.13           1.19           Beat
 Apr. 30 2022      1.23           1.24           Beat
 Jan. 31 2022      0.62           0.66           Beat