The Toro Company Reports Record Results for the First-Quarter of Fiscal 2023

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Go back to The Toro Company Reports Record Results for the First-Quarter of Fiscal 2023

Toro Company (TTC) Tops Q1 EPS by 6c, Offers Guidance

March 9, 2023 8:43 AM EST

Toro Company (NYSE: TTC) reported Q1 EPS of $0.98, $0.06 better than the analyst estimate of $0.92. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.15 billion.

GUIDANCE:

Toro Company sees FY2023 EPS of $4.70-$4.90, versus the consensus of $4.90.

"Our momentum continues to be supported by the exceptional demand and substantial order backlog for products in key professional end markets, as well as the expected benefits from our pricing and productivity initiatives, concluded Olson.... More