Toro (TTC) to Release Quarterly Earnings on Thursday
Toro (NYSE:TTC) is scheduled to be releasing its earnings data before the market opens on Thursday, February 22nd. Analysts expect Toro to post earnings of $0.44 per share for the quarter. Toro has set its Q1 guidance at $0.42-0.44 EPS and its FY18 guidance at $2.57-2.63 EPS.
Toro (NYSE:TTC) last issued its earnings results on Thursday, December 7th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.02. The company had revenue of $488.60 million for the quarter, compared to analysts’ expectations of $491.55 million. Toro had a net margin of 10.69% and a return on equity of 44.66%. The firm’s revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.27 EPS. On average, analysts expect Toro to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Toro (NYSE TTC) opened at $62.42 on Thursday. The company has a market cap of $6,600.00, a price-to-earnings ratio of 25.90, a P/E/G ratio of 2.32 and a beta of 0.59. Toro has a 52-week low of $58.39 and a 52-week high of $73.86. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.65 and a quick ratio of 1.02.
In other Toro news, VP Timothy P. Dordell sold 46,000 shares of the business’s stock in a transaction dated Friday, January 5th. The shares were sold at an average price of $66.07, for a total value of $3,039,220.00. Following the transaction, the vice president now owns 24,225 shares in the company, valued at $1,600,545.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Bradley A. Hamilton sold 2,000 shares of the business’s stock in a transaction dated Thursday, December 28th. The shares were sold at an average price of $65.33, for a total transaction of $130,660.00. Following the completion of the transaction, the vice president now owns 3,851 shares in the company, valued at approximately $251,585.83. The disclosure for this sale can be found here. Insiders sold 73,000 shares of company stock worth $4,814,630 in the last 90 days. Corporate insiders own 5.32% of the company’s stock.
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Toro Company Profile
The Toro Company (Toro) is engaged in the designing, manufacturing, and marketing of professional turf maintenance equipment and services, turf irrigation systems, landscaping equipment and lighting products, snow and ice management products, agricultural micro-irrigation systems, rental and specialty construction equipment, and residential yard and snow thrower products.
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