The Toro Company (TTC) reported first-quarter net earnings of $31.4 million, or $0.53 per share, compared to $19.9 million, or $0.33 per share, last year. Net sales increased to $444.7 million from $423.8 million last year.
On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.43 for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $461.60 million for the quarter.
The company continues to expect revenue growth of about 4 percent to 5 percent for fiscal 2013. The company now expects fiscal 2013 net earnings to be about $2.40 to $2.45 per share. For the second-quarter, the company expects to report net earnings per share of about $1.20. Analysts expect the company to report second-quarter profit per share of $1.19, and fiscal 2013 profit per share of $2.44.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.