Longbow Research Downgrades Toro (TTC) to Underperform
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The Toro Company Reports Record Fiscal 2016 Results
December 8, 2016 8:30 AM ESTFiscal 2016 net earnings per share for the year up 15.7 percent to a record $2.06 Professional segment drives solid performance for the year Quarterly cash dividend increased 16.7 percent to $0.175 per share
BLOOMINGTON, Minn.--(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today reported net earnings of $231.0 million, or $2.06 per share, on a net sales increase of 0.1 percent to $2.392 billion for its fiscal year ended October 31, 2016. In fiscal 2015, the company delivered net earnings of $201.6 million, or $1.78 per share for the year, on... More
