Recap: Toro Q2 Earnings

Shares of Toro TTC remained unaffected after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 21.37% year over year to $0.92, which missed the estimate of $1.33.

Revenue of $929,398,000 declined by 3.39% from the same period last year, which missed the estimate of $1,160,000,000.

Conference Call Details

Date: Jun 04, 2020

Time: 11:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/x4d7podr

Price Action

52-week high: $84.26

Company's 52-week low was at $52.07

Price action over last quarter: down 5.61%

Company Description

The Toro Co manufactures turf maintenance and landscaping equipment. The company produces reel and rotary riding products, trim cutting and walking mowers, greens rollers, turf sprayer equipment, underground irrigation systems, heavy-duty walk-behind mowers, and sprinkler systems used for professional turf and landscape maintenance and construction. Its products are marketed through a network of distributors and dealers to primarily professional users maintaining turfs and sport fields such as golf courses. The company also produces snow plowers and ice management products. Its largest end market is the United States.