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Toro (TTC) Q2 Earnings Beat Estimates
ZACKS· 2025-06-05 14:41
Company Performance - Toro reported quarterly earnings of $1.42 per share, exceeding the Zacks Consensus Estimate of $1.38 per share, and showing a slight increase from $1.40 per share a year ago, representing an earnings surprise of 2.90% [1] - The company posted revenues of $1.32 billion for the quarter ended April 2025, which was below the Zacks Consensus Estimate by 1.94%, and a decrease from $1.35 billion in the same quarter last year [2] - Over the last four quarters, Toro has surpassed consensus EPS estimates two times but has not beaten revenue estimates during this period [2] Stock Outlook - Toro shares have declined approximately 5.6% since the beginning of the year, contrasting with the S&P 500's gain of 1.5% [3] - The company's earnings outlook is mixed, with the current consensus EPS estimate for the upcoming quarter at $1.23 on revenues of $1.15 billion, and for the current fiscal year at $4.30 on revenues of $4.62 billion [7] - The Zacks Rank for Toro is currently 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Industry Context - The Tools - Handheld industry, to which Toro belongs, is currently ranked in the bottom 10% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Toro's stock performance [5]
Earnings Preview: Genesco (GCO) Q1 Earnings Expected to Decline
ZACKS· 2025-05-28 15:01
Core Viewpoint - The market anticipates Genesco (GCO) will report a year-over-year decline in earnings despite an increase in revenues for the quarter ended April 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Genesco is expected to report a quarterly loss of $2.14 per share, reflecting a year-over-year change of -1.9%, while revenues are projected to be $463.91 million, up 1.4% from the previous year [3]. - The consensus EPS estimate has been revised down by 7.74% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that Genesco's Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.80%, suggesting a bearish outlook from analysts [12]. - Despite the negative Earnings ESP, Genesco holds a Zacks Rank of 2, complicating predictions of an earnings beat [12]. Historical Performance - In the last reported quarter, Genesco was expected to post earnings of $3.31 per share but delivered $3.26, resulting in a surprise of -1.51% [13]. - Over the past four quarters, Genesco has beaten consensus EPS estimates three times [14]. Market Reaction Factors - An earnings beat or miss may not solely dictate stock price movement, as other factors can influence investor sentiment [15]. - Betting on stocks expected to beat earnings expectations can increase the odds of success, making it important to check Earnings ESP and Zacks Rank before quarterly releases [16].