NEW YORK, NY / ACCESSWIRE / June 9, 2024 / Pomerantz LLP is investigating claims on behalf of investors of The Toro Company ("Toro" or the "Company") (NYSE:TTC). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
The Toro Company (NYSE:TTC ) Q2 2024 Earnings Call Transcript June 6, 2024 11:00 AM ET Company Participants Julie Kerekes - Senior MD of Global Tax and IR Rick Olson - Chairman and CEO Angie Drake - VP and CFO Conference Call Participants Samuel Darkatsh - Raymond James David MacGregor - Longbow Research Ted Jackson - Northland Securities Eric Bosshard - Cleveland Research Tom Hayes - CL King Operator Good day, ladies and gentlemen, and welcome to The Toro Company's Second Quarter Earnings Conference Call. My name is Carmen, and I will be your coordinator for today.
Toro beat top- and bottom-line estimates, though revenue was flat and earnings were down year over year. The company is dealing with difficult comparisons from last year and high inventory levels in some channels.
Toro (TTC) came out with quarterly earnings of $1.40 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.58 per share a year ago.