(Adds Outlook, share movement)
For the full-year 2025, The Toro Company (TTC) has reaffirmed its guidance, citing strong demand and positive market cues.
For the year, the company continues to expect adjusted income per share of $4.25 to $4.40 with sales growth of 0 percent to 1 percent. Last year, TTC had recorded adjusted income per share of $4.17 on sales of $4.58 billion.
TTC was down by 3.20 percent at $75.51 in the pre-market trade on the New York Stock Exchange.
Q1 Results:
Toro Co announced a profit for first quarter that decreased from last year but beat the Street estimates.
The company's bottom line came in at $52.8 million, or $0.52 per share. This compares with $64.9 million, or $0.62 per share, last year.
Excluding items, Toro Co reported adjusted earnings of $65.9 million or $0.65 per share for the period.
Analysts on average had expected the company to earn $0.63 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 0.6% to $995 million from $1.001 billion last year.
Toro Co earnings at a glance (GAAP) :
-Earnings: $52.8 Mln. vs. $64.9 Mln. last year.-EPS: $0.52 vs. $0.62 last year.-Revenue: $995 Mln vs. $1.001 Bln last year.
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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.