Toro Co. (TTC) Tops Q1 EPS by 13c; Guides FY12 EPS Above Views; to Split Stock

May 24, 2012 8:33 AM
Toro Co. (NYSE: TTC) reported Q1 EPS of $2.26, $0.13 better than the analyst estimate of $2.13. Revenue for the quarter came in at $691.5 million versus the consensus estimate of $676.4 million.

Toro Co. sees FY2012 EPS of $4.30, versus the consensus of $4.26.

Toro also announced today that its Board of Directors has declared a two-for-one split of the company’s common stock, which will be effected in the form of a 100 percent stock dividend. The stock dividend will be distributed June 29 to shareholders of record as of June 15.

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


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