Toro Company (TTC) Misses Q2 EPS by 4c, Revenues Beat; Affirms Q3 EPS Guidance Below Consensus, FY19 EPS Mid-Point Views Below Consensus

The Toro Company Reports Second Quarter Results

Acquisition of Charles Machine Works completed ahead of schedule with favorable first month results Second quarter sales increase 9.9 percent to $962.0 million, fueled by acquisition Reported quarterly EPS of $1.07; adjusted quarterly EPS of $1.17 New full-year EPS guidance of $2.90 to $3.00 and full-year revenue guidance of about $3.2 billion, both inclusive of Charles Machine Works

BLOOMINGTON, Minn.--(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today reported net earnings of $115.6 million, or $1.07 per share, on a net sales increase of 9.9 percent... More