The Toro Company (TTC) has projected that for fiscal year 2025, its total company net sales will see a growth between 0% and 1%, with adjusted earnings per share (EPS) expected to range from $4.25 to $4.40. This contrasts with analyst predictions from Thomson Reuters, which forecast a profit per share of $4.58. It is important to note that analysts' estimates generally do not factor in any special items.
In the fourth quarter, Toro Company reported a net income of $89.9 million, translating to $0.87 per share, up from $70.3 million, or $0.67 per share, in the same quarter the previous year. After adjusting for special items, the company's earnings were $0.95 per share, compared to $0.71 previously. This aligns with the average expectation of $0.95 per share as estimated by analysts polled by Thomson Reuters. As per usual, these analyst estimates typically exclude special items. Additionally, the company's revenue for the quarter increased by 9.4%, reaching $1.08 billion, compared to $983.2 million in the prior year.
As of Wednesday’s pre-market trading, shares of Toro Company have declined by 6%.
The material has been provided by InstaForex Company - www.instaforex.com
In the fourth quarter, Toro Company reported a net income of $89.9 million, translating to $0.87 per share, up from $70.3 million, or $0.67 per share, in the same quarter the previous year. After adjusting for special items, the company's earnings were $0.95 per share, compared to $0.71 previously. This aligns with the average expectation of $0.95 per share as estimated by analysts polled by Thomson Reuters. As per usual, these analyst estimates typically exclude special items. Additionally, the company's revenue for the quarter increased by 9.4%, reaching $1.08 billion, compared to $983.2 million in the prior year.
As of Wednesday’s pre-market trading, shares of Toro Company have declined by 6%.
The material has been provided by InstaForex Company - www.instaforex.com