Toro (TTC) reported earnings on Thur 7 Dec 17 (b/o)

** charts before earnings **

 

** charts after earnings **

 

Toro beats by $0.02, reports revs in-line; guides Q1 EPS in-line; guides FY18 EPS above consensus, revs below consensus; raises quarterly dividend 14.3% to $0.20/share 

• Reports Q4 (Oct) earnings of $0.31 per share, $0.02 better than the Capital IQ Consensus of $0.29; revenues rose 4.3% year/year to $488.6 mln vs the $491.55 mln Capital IQ Consensus.
• Co issues in-line guidance for Q1, sees EPS of $0.42-0.44 vs. $0.43 Capital IQ Consensus Estimate.
• Co issues upside EPS guidance for FY18, sees EPS of $2.57-2.63 vs. $2.56 Capital IQ Consensus Estimate; sees revenue exceeding 4% growth, which calculates to ~$2.61 bln vs. $2.65 bln Capital IQ Consensus Estimate. 

 

** 6 weeks later **