Toro Company Fiscal Q2 Earnings, Revenue Rise

MT Newswires Live
Jun 04

Toro Company (TTC) reported adjusted fiscal Q2 earnings Thursday of $1.60 per diluted share, up from $1.42 per diluted share a year earlier.

Analysts polled by FactSet expected $1.51.

Revenue for the quarter ended May 1 was $1.42 billion, up from $1.32 billion a year earlier.

Analysts surveyed by FactSet expected $1.39 billion.

The company raised its full-year fiscal 2026 adjusted earnings guidance to $4.50 to $4.62 per diluted share, up from its prior outlook of $4.40 to $4.60. It also raised its full-year net sales growth outlook to a range of 4.0% to 6.5%, up from 3.0% to 6.5%.

Analysts surveyed by FactSet expect adjusted earnings of $4.54 on revenue of $4.74 billion.

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