Core Viewpoint - Toro Corp has filed its annual report for the fiscal year ended December 31, 2024, with the SEC, which includes audited consolidated financial statements [1]. Company Overview - Toro Corp is an international energy transportation services company that operates a fleet of LPG carriers for transporting petrochemical gases globally [3]. - The company currently owns a fleet of four LPG carrier vessels, each with a capacity of 5,000 cbm [3]. - Toro Corp is incorporated in the Republic of the Marshall Islands and its common shares are traded on the Nasdaq Capital Market under the symbol "TORO" [3]. Accessibility of Annual Report - The Annual Report is available on the SEC website and the company's website under the "Investors" section [2]. - Shareholders can request a hard copy of the Annual Report free of charge by contacting the company via email [2]. Contact Information - For further inquiries, contact details for Toro Corp are provided, including an email address for investor relations [5].

LIMASSOL, Cyprus, April 15, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the year ended December 31, 2024. Highlights of the Fourth Quarter Ended December 31, 2024: Total vessel revenues from continuing operations: $5.2 million, as compared to $7.3 million for the three months ended December 31, 2023, or a 28.8% decrease; Net income from continuing operations: $1.0 ...

LIMASSOL, Cyprus, March 24, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO) ("Toro", or the "Company") an international energy transportation services company, announced today that, in relation to the previously announced spin-off of its wholly owned subsidiary, Robin Energy Ltd. ("Robin"), the record date has been set to April 7, 2025 (the "Record Date"), and the Company expects to complete the distribution of Robin common shares on or about April 14, 2025. In the spin-off, Toro shareholders will receive ...

It has been six months since I last covered The Toro Company (NYSE: TTC ), rating it a Hold due to concerns about slow growth. Since then, the stock traded sideways inI retired early after 22 years in the energy industry with roles in engineering, planning, and financial analysis. I have managed my own portfolio since 1998 and have met my goal to match the S+P 500 return over the long term with lower volatility and higher income. I mostly write on positions I already hold or am considering changing. I prefe ...

Shares of outdoor equipment business The Toro Company (TTC -4.90%) dropped on Thursday after the company reported financial results for its fiscal first quarter of 2025. As of 2 p.m. ET, The Toro Company stock was down 5% and had hit four-year lows earlier in the day -- disappointing for a stock that had perennially been a long-term market-beater.Just a slow quarter for ToroIn Q1, Toro had net sales of $995 million, which was down less than 1% year over year. Not only is it disappointing to see revenue go d ...

Core Insights - The Toro Company held its Q1 2025 Earnings Conference Call on March 6, 2025, with key participants including the CEO and CFO [1][3]. Group 1: Earnings Release and Presentation - The earnings release for Q1 2025 was issued on the same day as the conference call, and it is available on the company's corporate website [3]. - A first quarter earnings presentation was also posted to supplement the earnings release [3]. Group 2: Participants and Structure - The call featured several company executives, including Rick Olson (Chairman and CEO), Angie Drake (VP and CFO), and Jeremy Steffan (Director, Investor Relations) [3]. - The conference call was structured to include a question-and-answer session towards the end [1].

Toro (TTC) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.17%. A quarter ago, it was expected that this landscaping, maintenance and irrigation equipment maker would post earnings of $0.96 per share when it actually produced earnings of $0.95, delivering a surprise of -1.04%.Over t ...

Toro's Professional segment helped it surpass EPS estimates in Q1 2025, but total revenue missed expectations.Outdoor maintenance solutions provider Toro (TTC -4.49%) reported mixed fiscal 2025 first-quarter financial results on Thursday, March 6. Adjusted EPS of $0.65 surpassed analysts' consensus expectations of $0.63. However, Q1 revenue was $995 million, falling short of the anticipated $1 billion. Challenges in the Residential segment contributed to this shortfall. Overall, the quarter showcased strong ...

Core Viewpoint - Toro Corp. has announced a spin-off of its Handysize tanker business, creating a new subsidiary named Robin Energy Ltd., which will hold one Handysize tanker and Xavier Shipping Co. [1][2] Group 1: Spin-Off Details - The spin-off will allow Toro shareholders to receive one common share of Robin for every eight common shares of Toro they own [1][2] - Robin has applied for its shares to be listed on the Nasdaq Capital Market, with Toro's CEO, Petros Panagiotidis, appointed as Robin's Chairman and CEO [1][2] Group 2: Strategic Benefits - The spin-off is expected to enhance operational efficiencies and allow both Toro and Robin to focus on their respective business lines [2] - The transaction aims to attract new investors and provide shareholders with flexibility in managing their equity holdings in the shipping sectors [2] Group 3: Shareholder Actions - Toro shareholders will not need to take any action to receive their Robin shares, and no payment or exchange of Toro shares is required [3] - Fractional shares of Robin will not be distributed; instead, they will be aggregated and sold in the market, with net proceeds distributed to shareholders [3] Group 4: Regulatory and Filing Information - Robin has filed a registration statement on Form 20-F with the SEC, detailing the terms of the spin-off [4] - The completion of the spin-off is subject to the effectiveness of the registration statement and the approval of Robin's share listing on Nasdaq [4] Group 5: Company Overview - Toro Corp. is an international energy transportation services company with a fleet that includes five vessels, comprising one Handysize tanker and four LPG carriers [5] - The company operates under the laws of the Republic of the Marshall Islands and trades on the Nasdaq Capital Market under the symbol "TORO" [6]

Group 1 - The Toro Company (NYSE: TTC) is insulated from tariffs as the majority of its products are manufactured in the U.S.A [1] - The company is focusing on enhancing its portfolio by offering higher-margin products through brand consolidation [1] Group 2 - The emphasis of equity research is on intrinsic value, prioritizing undervalued and growing companies, particularly those in early development stages [2]