Toro (TTC) Q4 Earnings and Revenues Lag Estimates

Core Viewpoint - Toro (TTC) reported quarterly earnings of $0.95 per share, slightly missing the Zacks Consensus Estimate of $0.96 per share, but showing an increase from $0.71 per share a year ago, indicating a year-over-year growth in earnings despite the miss [1][2] Financial Performance - The company posted revenues of $1.08 billion for the quarter ended October 2024, which was below the Zacks Consensus Estimate by 0.94%, but up from $983.2 million in the same quarter last year, reflecting a year-over-year revenue growth [2] - Over the last four quarters, Toro has surpassed consensus EPS estimates only once, indicating mixed performance in earnings expectations [2][7] Stock Performance - Toro shares have declined approximately 11.1% since the beginning of the year, contrasting with the S&P 500's gain of 26.9%, highlighting underperformance relative to the broader market [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.82 on revenues of $1.08 billion, while for the current fiscal year, the estimate is $4.59 on revenues of $4.77 billion, suggesting cautious expectations moving forward [8] - The Zacks Rank for Toro is currently 3 (Hold), indicating that the stock is expected to perform in line with the market in the near future [7] Industry Context - The Tools - Handheld industry, to which Toro belongs, is currently ranked in the top 2% of over 250 Zacks industries, suggesting a favorable industry outlook that could positively influence Toro's performance [9]