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Toromont Industries Q1 2023 Earnings Report

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C$115.27 +0.58 (+0.51%)
As of 04:00 PM Eastern

Toromont Industries EPS Results

Actual EPS
C$1.16
Consensus EPS
C$0.87
Beat/Miss
Beat by +C$0.29
One Year Ago EPS
N/A

Toromont Industries Revenue Results

Actual Revenue
$1.06 billion
Expected Revenue
$935.01 million
Beat/Miss
Beat by +$126.26 million
YoY Revenue Growth
N/A

Toromont Industries Announcement Details

Quarter
Q1 2023
Time
N/A

Conference Call Resources

Toromont Industries Earnings Headlines

RBC Capital Reaffirms Their Buy Rating on Toromont Industries (TIH)
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RBC Capital Sticks to Its Buy Rating for Toromont Industries (TIH)
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About Toromont Industries

Toromont Industries (TSE:TIH) provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services. This segment serves road building, mining, aggregates, infrastructure, residential and commercial construction, power generation, agriculture, forestry, and waste management markets. The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets. This segment primarily serves beverage and food processing, cold storage, food distribution, mining, and recreational ice rink sectors. Toromont Industries Ltd. was founded in 1961 and is headquartered in Concord, Canada.

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