Toro Company (TTC) Tops Q4 EPS by 4c; Q1, FY15 Guided Below the Street

December 4, 2014 8:34 AM

Toro Company (NYSE: TTC) reported Q4 EPS of $0.19, $0.04 better than the analyst estimate of $0.15. Revenue for the quarter came in at $414.1 million versus the consensus estimate of $409.9 million.

Toro Company sees Q1 2015 EPS of ~$0.47, versus the consensus of $0.54.

Toro Company sees FY2015 EPS of $3.30-$3.40, versus the consensus of $3.43.

“Fiscal 2014 was a significant year for The Toro Company for many reasons,” said Michael J. Hoffman, Toro’s chairman and chief executive officer. “We delivered record sales, operating earnings and earnings per share, which enabled us to successfully achieve our Destination 2014 revenue and profitability targets. We celebrated our Centennial and officially launched the company’s second century. We entered into and subsequently closed the largest acquisition in our history with the addition of the BOSS® professional snow and ice management business. Finally, we returned almost $150 million to our shareholders through the payment of $45 million in dividends and the repurchase of more than 1.6 million shares of our common stock.” – The Toro Company Reports Record Fiscal 2014 Results

For earnings history and earnings-related data on Toro Company (TTC) click here.

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