TTC Stock Recent News

BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company to report fiscal 2023 second quarter results on Thursday, June 8.

The Toro Company (NYSE:TTC ) Q1 2023 Earnings Conference Call March 9, 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 Renee Peterson - Vice President and Chief Financial Officer Angie Drake - Vice President, Finance Conference Call Participants Sam Darkatsh - Raymond James Tim Wojs - RW Baird David MacGregor - Longbow Research Eric Bosshard - Cleveland Research Operator Good day ladies and gentlemen, and welcome to The Toro Company's First Quarter Earnings Conference Call. My name is Jonathan, and I will be your coordinator for today.

Toro (TTC) delivered earnings and revenue surprises of 7.69% and 1.30%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?

Toro Co. stock TTC, +0.04% rose 0.7% in premarket trades after the lawn mower company posted stronger-than-expected first-quarter profit. Toro said its first-quarter profit rose to $106.86 million, or $1.01 a share, from $69.51 million, or 66 cents a share, in the year-ago quarter.

BLOOMINGTON, Minn.--( BUSINESS WIRE )--The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2023 first quarter results on Thursday, March 9, at approximately 7:30 a.m. CST. The full text of The Toro Company's earnings release will be available at that time at www.thetorocompany.com/invest. The company also will hold an earnings conference call at 10 a.m. CST that day.

Toro ( TTC , Financial) and UnitedHealth Group (UNH) were two of the largest positive contributors to relative performance for the year. Both Minnesota-based companies were up on an absolute basis, with Toro up 14.87% for the year and UnitedHealth up 6.95%.

The Toro Company TTC shares are trading slightly higher today following an upgrade from Raymond James.

Toro (TTC) delivered earnings and revenue surprises of 0% and 1.35%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

Toro Co. TTC, +0.96% said Wednesday its fourth-quarter net income nearly doubled to $117.6 million, or $1.12 a share, from $60.1 million, or 56 cents a share, in the year-ago quarter. Adjusted profit at the lawn mower maker rose to $1.11 a share from 56 cents a share.

Growth stock Toro formed a four-weeks-tight pattern after breaking out, a bullish sign. The post After Mowing Down Buy Point, Toro Sets Up Bullish Pattern Ahead Of Earnings appeared first on Investor's Business Daily.