High materiality8/10
Public signal · 1-minute delayed
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What happened, with direct paths to the underlying reporting
Toro's revenue grew 7% but missed analyst expectations by $100M. TTC's gross profit margin improved to near 35%, previously fluctuating. Company's adjusted EPS revised down from $4.25-$4.35 to $4.15-$4.20. Toro's current stock valuation is considered a 'STRONG BUY' at $83. Net sales growth forecast for fiscal year is only 1%.
- Toro's revenue grew 7% but missed analyst expectations by $100M.
- TTC's gross profit margin improved to near 35%, previously fluctuating.
- Company's adjusted EPS revised down from $4.25-$4.35 to $4.15-$4.20.
- Toro's current stock valuation is considered a 'STRONG BUY' at $83.
- Net sales growth forecast for fiscal year is only 1%.
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