Toro Company (TTC) Tops Q3 EPS by 4c

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The Toro Company Reports Record Third Quarter Results

August 24, 2017 8:30 AM EDT

Net earnings per share for the quarter up 22 percent to a record $0.61 Third quarter sales increase 4.5 percent to a record $627.9 million Strong results driven by increased demand for professional segment products

BLOOMINGTON, Minn.--(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today reported net earnings of $68.4 million, or $0.61 per share, on net sales of $627.9 million, an increase of 4.5 percent, for its fiscal third quarter ended August 4, 2017. In the comparable fiscal 2016 period, the company delivered net earnings of $55.8 million, or $0.50... More