The Toro Company is a leading manufacturer and marketer of equipment and outdoor products for professional and residential use
They specialize in the design and production of a wide range of lawn care and landscaping equipment, including mowers, snow removal equipment, irrigation systems, and garden care products. With a strong focus on innovation and sustainability, Toro is committed to providing high-quality solutions that help customers maintain and enhance their outdoor spaces. The company serves a diverse array of markets, including landscape contractors, agricultural producers, and homeowners, and is recognized for its dedication to performance, efficiency, and customer satisfaction.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the agricultural machinery industry, including Deere (NYSE:DE) and its peers.
Let’s dig into the relative performance of The Toro Company (NYSE:TTC) and its peers as we unravel the now-completed Q4 agricultural machinery earnings season.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the agricultural machinery stocks, including Titan International (NYSE:TWI) and its peers.
Outdoor equipment company Toro (NYSE:TTC) missed Wall Street’s revenue expectations in Q4 CY2024, with sales flat year on year at $995 million. Its non-GAAP profit of $0.65 per share was 3.6% above analysts’ consensus estimates.
Toro Co (NYSE: TTC) reported lower Q1 fiscal 2025 results, with sales down 1% Y/Y to $995M. Adjusted EPS of $0.65 beat consensus of $0.63. FY25 outlook reaffirmed.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the agricultural machinery industry, including The Toro Company (NYSE:TTC) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at agricultural machinery stocks, starting with Alamo (NYSE:ALG).
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the agricultural machinery industry, including Deere (NYSE:DE) and its peers.
Outdoor equipment company Toro (NYSE:TTC) missed Wall Street’s revenue expectations in Q3 CY2024, but sales rose 9.4% year on year to $1.08 billion. Its non-GAAP profit of $0.95 per share was in line with analysts’ consensus estimates.
Toro reported lower-than-expected Q4 sales and earnings. Residential segment sales rose 4.5% but reported a loss. Professional segment sales rose 10.3% and earnings rose 36.3%. Adjusted gross margin and operating margin decreased. Company expects 0%-1% sales growth and adjusted EPS of $4.25-$4.40.
