Toro Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Toro (NYSE:TTC)

Core Insights - Toro Company is set to release its fourth-quarter earnings results on December 17, with expected earnings of 88 cents per share, a decrease from 95 cents per share in the same quarter last year [1] - The anticipated quarterly revenue for Toro is $1.05 billion, down from $1.08 billion year-over-year [1] Group 1: Earnings and Financial Performance - Analysts predict Toro's quarterly earnings will be 88 cents per share, a decline from 95 cents per share in the previous year [1] - The consensus estimate for Toro's quarterly revenue is $1.05 billion, compared to $1.08 billion a year earlier [1] Group 2: Share Repurchase and Dividend - On December 9, Toro authorized the repurchase of up to an additional 6 million shares and increased its quarterly dividend from 38 cents to 39 cents per share [2] - Toro shares experienced a slight decline of 0.1%, closing at $73.99 [2] Group 3: Analyst Ratings and Price Targets - Northland Capital Markets maintained a Market Perform rating and raised the price target from $80 to $90 [3] - DA Davidson maintained a Buy rating and increased the price target from $93 to $97 [3] - Baird maintained a Neutral rating and raised the price target from $82 to $86 [3] - Raymond James maintained an Outperform rating but reduced the price target from $95 to $90 [3] - BTIG initiated coverage with a Buy rating and set a price target of $1,115 [3]