The Toro Company Reports Record Fiscal 2018 Third Quarter Results

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Toro Company (TTC) Tops Q3 EPS by 2c, Revenues Beat, Offers FY18 EPS Outlook Below Consensus

August 23, 2018 8:32 AM EDT

Toro Company (NYSE: TTC) reported Q3 EPS of $0.68, $0.02 better than the analyst estimate of $0.66. Revenue for the quarter came in at $655.8 million versus the consensus estimate of $664.76 million.

Residential segment sales up 9.5 percent, rebounding nicely from the late start to springReported quarterly EPS of $0.73; adjusted quarterly EPS of $0.68, up 17.2 percent over comparable 2017 period adjusted EPS of $0.58Third quarter net sales increase 4.4 percent to a record $655.8 million

As anticipated, we saw strong demand for our walk power... More