The Toro Company Reports Record Fiscal 2018 Results

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Toro Company (TTC) Misses Q4 EPS by 2c, Revenues Beat

December 6, 2018 8:31 AM EST

Toro Company (NYSE: TTC) reported Q4 EPS of $0.32, $0.02 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $539.3 million versus the consensus estimate of $516.6 million.

We are pleased to deliver another record year with solid revenue growth led by the professional segment and a strong rebound by our residential business in the second half of the year, driven by an exciting lineup of new products and innovative technologies, said Richard M. Olson, Toros chairman and chief executive officer. Our landscape contractor business performed well throughout the year as... More