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TIH — Toromont Industries News Story

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Toromont Industries Ltd expected to post earnings of C$1.05 a share - Earnings Preview

Toromont Industries Ltd TIH.TO  is expected to show a rise in quarterly revenue when it reports  results on April 30 for the period ending March 31 2025

The Concord Ontario-based  company is expected to report a 5.3% increase in revenue to C$1.07 billion from C$1.02 billion a year ago, according to the mean estimate from 8 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Toromont Industries Ltd is for earnings of C$1.05 per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had risen by about 0.2% in the last three months. ​

Wall Street's median 12-month price target for Toromont Industries Ltd is C$134.00​, above​ its last closing price of C$114.24. ​​​

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ​

QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Dec. 31 20241.731.731.90Beat10.1
Sep. 30 20241.681.681.60Missed-4.9
Jun. 30 20241.581.571.64Beat4.3​
Mar. 31 20241.151.131.01Missed-10.3
​​Dec. 31 20231.731.721.87Beat8.5
Sep. 30 20231.601.591.76Beat10.9​
Jun. 30 20231.451.421.61Beat13.4
Mar. 31 20230.880.851.16Beat36.3
This summary was machine generated April 28 at 20:46 GMT. All figures in Canadian 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)

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