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

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

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