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Toro Co (TTC.N)

TTC.N on New York Stock Exchange

52.75USD
5 Dec 2016
Change (% chg)

$0.06 (+0.11%)
Prev Close
$52.69
Open
$53.28
Day's High
$53.28
Day's Low
$52.61
Volume
304,867
Avg. Vol
209,156
52-wk High
$54.13
52-wk Low
$32.38

Latest Key Developments (Source: Significant Developments)

Toro Q3 earnings per share $1.0; declares 2-for-1 stock split
Thursday, 18 Aug 2016 08:30am EDT 

The Toro Company : Reports Record Third Quarter Earnings; Declares 2-for-1 stock split . Q3 earnings per share $1.00 . Q3 sales $1.924 billion . Q3 revenue view $623.8 million -- Thomson Reuters I/B/E/S . Q3 earnings per share view $0.99 -- Thomson Reuters I/B/E/S . Sees full-year earnings per share about $3.95 to $4.00 . Full-Year revenue growth expectations for fiscal 2016 have also been narrowed to flat to up 1 percent . Full-year earnings per share view $4.01 -- Thomson Reuters I/B/E/S . Declared a two-for-one split of company's common stock, which will be effected in form of a 100 percent stock dividend . Stock dividend will be distributed on September 16, 2016, to shareholders of record as of September 1, 2016 .Full-year revenue view $2.43 billion -- Thomson Reuters I/B/E/S.  Full Article

The Toro Company elects Richard Olson as CEO
Tuesday, 19 Jul 2016 05:00pm EDT 

Toro Co : Elected Richard M. Olson to position of president and chief executive officer, effective November 1, 2016 . Current chairman and chief executive officer, Michael J. Hoffman, will continue to serve as chairman of board .The Toro Company elects Richard M. Olson chief executive officer.  Full Article

Toro entered into third amended and restated program and repurchase agreement with Red Iron Acceptance
Friday, 8 Jul 2016 05:03pm EDT 

Toro Co : Entered into third amended and restated program and repurchase agreement with Red Iron Acceptance LLC .Initial term of third amended repurchase agreement will expire on October 31, 2017.  Full Article

Toro reports Q2 earnings per share $1.89
Thursday, 19 May 2016 08:30am EDT 

Toro Co : The Toro Company reports record second quarter earnings . Q2 sales $836.4 million . Sees Q3 earnings per share about $0.95 . Q2 earnings per share $1.89 . Q2 revenue view $854 million -- Thomson Reuters I/B/E/S . Q2 earnings per share view $1.79 -- Thomson Reuters I/B/E/S . Sees FY 2016 earnings per share about $3.90 to $4.00 . Now expects revenue growth for fiscal 2016 to be flat to up two percent . "On residential side of business, poor weather in later part of quarter negatively impacted sales" in Q2 . "Q2 results were also negatively impacted by lower sales of residential riding products" . Fy2016 earnings per share view $4.02 -- Thomson Reuters I/B/E/S . Q3 earnings per share view $1.05 -- Thomson Reuters I/B/E/S .Fy2016 revenue view $2.49 billion -- Thomson Reuters I/B/E/S.  Full Article

Toro Co gives Q3, FY 2015 outlook below analysts' estimates
Thursday, 21 May 2015 08:30am EDT 

Toro Co:Expects FY 2015 revenue growth to be about 8 to 10 pct.Expects FY 2015 net earnings per share to be about $3.35 to $3.45.Expects Q3 2015 net earnings per share to be about $0.85 to $0.90.Reported revenue of $2.173 bln in FY 2014.Q3 2015 EPS of $0.96 - Thomson Reuters I/B/E/S.FY 2015 revenue of $2.492 bln and EPS of $3.47 - Thomson Reuters I/B/E/S.  Full Article

Toro Co declares regular quarterly cash dividend
Tuesday, 19 May 2015 04:35pm EDT 

Toro Co:Declares regular quarterly cash dividend of $0.25 per share.Payable on July 13, to shareholders of record on June 25.  Full Article

Toro Co licenses WiLAN Inc patent portfolio
Monday, 27 Apr 2015 09:24am EDT 

WiLAN Inc:Announced that The Toro Company has entered into a patent license agreement with WiLAN's wholly owned subsidiary, Smart Irrigation Solutions Inc., related to irrigation control system technologies.The agreement resolves litigation that was pending in the United States District Court for the Central District of California.The consideration to be paid to WiLAN and all other terms of the license agreement are confidential.  Full Article

Toro Co declares regular quarterly cash dividend
Tuesday, 17 Mar 2015 02:30pm EDT 

Toro Co:Declares regular quarterly cash dividend of $0.25 per share.This dividend is payable on April 13, to shareholders of record on March 30.  Full Article

Toro Co reaffirms FY 2015 revenue outlook; raises FY 2015 EPS outlook; gives Q2 2015 EPS outlook below analysts' estimates
Thursday, 19 Feb 2015 08:30am EST 

Toro Co:Continues to expect revenue growth for FY 2015 to be about 8 to 10 pct.Expects FY 2015 net earnings per share to be about $3.35 to $3.45.Expects Q2 2015 net earnings per share to be about $1.58 to $1.63.Reported revenue of $2.172 bln in FY 2014.FY 2015 revenue of $2.372 bln, EPS of $3.42 - Thomson Reuters I/B/E/S.Q2 2015 EPS of $1.65 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-The Toro company to acquire German-based Regnerbau Calw GmbH

* The Toro company to acquire German-based Regnerbau Calw GmbH