TTC / Toro Co. profit nearly doubles and adjusted earnings beat target, but revenue falls slightly short

The Toro Company's shares have experienced volatility, with a recent drop to $87, presenting a potential buying opportunity. The company's performance more_horizontal

The lawn care specialist's third-quarter results didn't impress many investors. Revenue was down, and it posted its first net loss in over 10 years. more_horizontal

The Toro Company (NYSE:TTC ) Q3 2023 Earnings Conference Call September 7, 2023 11:00 AM ET Company Participants Julie Kerekes - Treasurer and Senior more_horizontal

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 rec more_horizontal

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 more_horizontal

Toro (TTC) could produce exceptional returns because of its solid growth attributes. more_horizontal

Toro (TTC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in i more_horizontal

The Toro Company (NYSE:TTC ) Q2 2023 Earnings Conference Call June 8, 2023 11:00 AM ET Company Participants Julie Kerekes - Treasurer and Senior Manag more_horizontal