Toro Company (TTC) Tops Q1 EPS by 10c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus

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Go back to Toro Company (TTC) Tops Q1 EPS by 10c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus

The Toro Company Reports Strong First-Quarter Fiscal 2021 Results

March 4, 2021 8:30 AM EST

Professional Landscape Contractor Sales and Residential Snow Products Drive Performance

Net sales of $873.0 million, up 13.7% year over year; Professional segment net sales up 9.3%, Residential segment net sales up 31.3% Reported diluted EPS of $1.02; *Adjusted diluted EPS of $0.85, up 32.8% year over year Resumed share repurchases given strong cash position

 

BLOOMINGTON, Minn.--(BUSINESS WIRE)-- The Toro Company (NYSE: TTC) today reported results for its fiscal first quarter ended January 29, 2021.

We began fiscal 2021 with strong momentum across our professional and residential businesses, said Richard M.... More