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The Toro Company (NYSE:TTC ) Q3 2023 Earnings Conference Call September 7, 2023 11:00 AM ET Company Participants Julie Kerekes - Treasurer and Senior Managing Director of Global Tax and Investor Relations Rick Olson - Chairman and Chief Executive Officer Angie Drake - Vice President and Chief Financial Officer Jeremy Steffan - Director of Investor Relations Conference Call Participants Michael Shlisky - D.A. Davidson & Company Tim Wojs - Baird Eric Bosshard - Cleveland Research Company Tom Hayes - C.L.
Toro's revenue fell in the most recent quarter due to low demand in its consumer segment. The company was forced to take an impairment charge on a recent acquisition, robbing it of net income this quarter.
Toro (TTC) came out with quarterly earnings of $0.95 per share, missing the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.19 per share a year ago.
Toro (TTC) could produce exceptional returns because of its solid growth attributes.
Toro (TTC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2023 third quarter results on Thursday, September 7.
The Toro Company (NYSE:TTC ) Q2 2023 Earnings Conference Call June 8, 2023 11:00 AM ET Company Participants Julie Kerekes - Treasurer and Senior Managing Director of Global Tax and Investor Relations Rick Olson - Chairman and Chief Executive Officer Angie Drake - Vice President and Chief Financial Officer Jeremy Steffan - Director of Investor Relations Conference Call Participants Samuel Darkatsh - Raymond James & Associates, Inc. Timothy Wojs - Robert W. Baird & Co. Inc. David MacGregor - Longbow Research Thomas Hayes - C.L.
Toro (TTC) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $1.25 per share a year ago.
Toro (TTC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Toro is having a record year with the company seeing strong demand from its professional segment customers. The company is benefiting from an ongoing shift away from gas-powered lawn care and maintenance equipment. We are bullish on TTC ahead of the company's upcoming Q2 earnings report on June 8th.