Toro Co reports results for the quarter ended October 31 - Earnings Summary

Toro Co

18/12/2024 15:31

* Toro Co  TTC.N  reported quarterly adjusted earnings of 95
cents​​ per share for the quarter ended October 31, higher than
the same quarter last year, when the company reported EPS of 71
cents.  The mean expectation of six analysts for the quarter was
for earnings of 96 cents per share. Wall Street expected
results to range from 93 cents to 98 cents per share.
    * Revenue rose 9.4% to $1.08 billion from a year ago;
analysts
expected $1.09 billion. 
    * Toro Co's reported EPS for the quarter was 87 cents​.
    * The company reported quarterly net income of $89.9
million.
    * Toro Co shares had fallen by 1.6% this quarter and
lost 11.1% so
far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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." 
    * The average consensus recommendation for the heavy
machinery &
vehicles peer group is also "hold"

Wall Street's median 12-month price target for Toro Co is $97.00
This summary was machine generated from LSEG data December 18 at
03:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2024      0.96           0.95           Missed
 Jul. 31 2024      1.22           1.18           Missed
 Apr. 30 2024      1.29           1.40           Beat
 Jan. 31 2024      0.66           0.64           Missed