Toro Company Releases FY25 Outlook – laparenthese-gourmande

WASHINGTON (dpa-AFX) – The Toro Company (TTC) said that for fiscal 2025, management expects the company’s total net sales growth to be between 0% and 1% and EPS adjusted between $4.25 and $4.40. Analysts polled by Thomson Reuters expect the company to report earnings per share of $4.58. Analyst estimates generally exclude special items.

Fourth-quarter net income was $89.9 million, or $0.87 per share, compared to $70.3 million, or $0.67 per share, in last year’s fourth quarter. . Excluding items, Toro Co reported adjusted earnings of $0.95 per share versus $0.71. Analysts on average expected a profit of $0.95 per share, according to figures compiled by Thomson Reuters. Analyst estimates generally exclude special items. The company’s revenue for the quarter increased 9.4% to $1.08 billion, compared to $983.2 million last year.

Shares of Toro Company are down 6% in pre-market trading Wednesday.

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