Toromont Industries Ltd expected to post earnings of C$1.68 a share - Earnings Preview
Toromont Industries Ltd expected to post earnings of C$1.68 a share - Earnings Preview
Toromont Industries Ltd TIH.TO is expected to show a rise in quarterly revenue when it reports results on July 28 for the period ending June 30 2026
The Concord Ontario-based company is expected to report a 8.1% increase in revenue to C$1.488 billion from C$1.38 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$1.68 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts had fallen by about 1.6% in the last three months.
Wall Street's median 12-month price target for Toromont Industries Ltd is C$242.00, about 6.6% above its last closing price of C$227.05
Previous quarterly performance (using preferred earnings measure in Canadian dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | 1.05 | 1.07 | 1.13 | Beat | 5.7 |
Dec. 31 2026 | 1.89 | 1.89 | 1.97 | Beat | 4.2 |
Sep. 30 2025 | 1.58 | 1.58 | 1.72 | Beat | 9.1 |
Jun. 30 2025 | 1.52 | 1.52 | 1.52 | Met | 0.2 |
Mar. 31 2025 | 1.07 | 1.05 | 0.91 | Missed | -13.2 |
Dec. 31 2024 | 1.73 | 1.73 | 1.90 | Beat | 10.1 |
Sep. 30 2024 | 1.68 | 1.68 | 1.60 | Missed | -4.9 |
Jun. 30 2024 | 1.58 | 1.57 | 1.64 | Beat | 4.3 |
This summary was machine generated July 24 at 21:09 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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Toromont Industries Ltd expected to post earnings of C$1.68 a share - Earnings Preview