The Toro Company Reports Record Fiscal 2018 Third Quarter Results

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Go back to The Toro Company Reports Record Fiscal 2018 Third Quarter Results

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