Toro Company (TTC) Tops Q4 EPS by 16c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus

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The Toro Company Reports Strong Fourth-Quarter and Full-Year Fiscal 2020 Results

December 16, 2020 8:30 AM EST

Professional Segment Acquisitions and Residential Segment Performance Drive Results  

Q4 net sales of $841 million, up 14.5% year over year FY20 net sales of $3.38 billion, up 7.7% versus last year; residential segment net sales up 24.1% Q4 reported diluted EPS of $0.66; *Adjusted diluted EPS of $0.64, up 33.3% year over year FY20 reported diluted EPS of $3.03; *Adjusted diluted EPS of $3.02, up 0.7% versus last year FY21 guidance of *adjusted EPS in the range of $3.35 to $3.45 per diluted share

BLOOMINGTON, Minn.--(BUSINESS WIRE)--

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