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Toro Q1 2024 Earnings Report

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$81.48 +0.39 (+0.48%)
(As of 12/20/2024 05:16 PM ET)

Toro EPS Results

Actual EPS
$0.64
Consensus EPS
$0.66
Beat/Miss
Missed by -$0.02
One Year Ago EPS
$0.98

Toro Revenue Results

Actual Revenue
$1.00 billion
Expected Revenue
$1.00 billion
Beat/Miss
Missed by -$1.63 million
YoY Revenue Growth
-12.80%

Toro Announcement Details

Quarter
Q1 2024
Time
Before Market Opens

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Toro Earnings Headlines

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Q4 2024 Toro Co Earnings Call Transcript
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About Toro

Toro (NYSE:TTC) designs, manufactures, markets, and sells professional turf maintenance equipment and services. It operates through two segments: Professional and Residential. The Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment, such as horizontal directional drills, walk and ride trenchers, stand-on skid steers, vacuum excavators, stump grinders, turf renovation products, asset locators, pipe rehabilitation solutions, materials handling equipment, and other after-market tools; and snow and ice management equipment, such as snowplows, as well as stand-on snow and ice removal equipment, such as snowplow, snow brush, and snow thrower attachments, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders. This segment also provides irrigation and lighting products that consist of sprinkler heads, electric and hydraulic valves, controllers, computer irrigation central control systems, coupling systems, and ag-irrigation drip tape and hose products, as well as professionally installed landscape lighting products offered through distributors and landscape contractors. The Residential segment provides walk power mowers, zero-turn riding mowers, snow throwers, replacement parts, and home solution products that include grass and hedge trimmers, leaf blowers, blower-vacuums, chainsaws, string trimmers, hoses, and hose-end retail irrigation products. It sells its products through a network of distributors, dealers, mass retailers, hardware retailers, equipment rental centers, home centers, and online. The company was founded in 1914 and is headquartered in Bloomington, Minnesota.

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