Toromont Industries Ltd reports results for the quarter ended June 30 - Earnings Summary

Toromont Industries

29/07/2025 22:54

Toromont Industries Ltd TIH.TO reported quarterly adjusted earnings of C$1.52​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of C$1.64.  The mean expectation of eight analysts for the quarter was for earnings of C$1.52 per share. Wall Street expected results to range from C$1.44  to C$1.67 per share.

Revenue rose 1.2% to C$1.38 billion from a year ago; analysts expected C$1.34 billion.

Toromont Industries Ltd's reported EPS for the quarter was C$1.52​.

The company reported quarterly net income of C$124.35 million.

Toromont Industries Ltd shares had risen by 8.3% this quarter and gained 16.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 7.6% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

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 average consensus recommendation for the heavy machinery & vehicles peer group is also "buy"

Wall Street's median 12-month price target for Toromont Industries Ltd is C$130.00, about 2.1% below its last closing price of C$132.74

This summary was machine generated from LSEG data July 29 at 09:54 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
1.52
1.52
Met
Mar. 31 2025
1.05
0.91
Missed
Dec. 31 2024
1.73
1.90
Beat
Sep. 30 2024
1.68
1.60
Missed