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

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The Toro Company Reports Record Fiscal 2018 Third Quarter Results

August 23, 2018 8:30 AM EDT

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

BLOOMINGTON, Minn.--(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today reported net earnings of $79.0 million, or $0.73 per share, on a net sales increase of 4.4 percent to $655.8 million for its third quarter ended August 3, 2018. Adjusted 2018 third quarter net earnings were $73.5... More