Benzinga | Sep 2, 2020 10:16AM EDT

Earnings Preview for Toro

On Thursday, September 03, Toro (NYSE:TTC) will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

Toro EPS is expected to be around $0.55, according to sell-side analysts. Sales will likely be near $772.58 million. Toro EPS in the same period a year ago totaled $0.83. Sales were $838.71 million. The analyst consensus estimate would represent a 33.73% decline in the company's EPS figure. Here's how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2019 Q3 2019EPS Estimate 1.33 0.58 0.46 0.73EPS Actual 0.92 0.64 0.48 0.83Revenue Estimate 1.16 B 790.40 M 745.11 M 876.36 MRevenue Actual 929.40 M 767.48 M 734.38 M 838.71 M

Stock Performance

Over the last 52-week period, shares are up 4.65%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Toro is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/an4ug8ao