Toro Company (TTC) Tops Q3 EPS by 10c; Bumps Low End of FY EPS Outlook
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The Toro Company Reports Third Quarter Results
August 22, 2019 8:30 AM EDTStrength of Charles Machine Works drives third quarter sales increase of 27.9 percent to $838.7 million On track to achieve acquisition integration and synergy targets Reported quarterly EPS of $0.56; adjusted quarterly EPS of $0.83 Full-year adjusted EPS guidance narrowed to about $2.92 to $3.00 from about $2.90 to $3.00
BLOOMINGTON, Minn.--(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today reported net earnings of $60.6 million, or $0.56 per share, on a net sales increase of 27.9 percent to $838.7 million for its third quarter ended August 2, 2019. In the comparable fiscal 2018 period, the company delivered net... More