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Key Developments: Toro Co (TTC.N)

TTC.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Toro Co declares quarterly cash dividend
Thursday, 4 Dec 2014 08:30am EST 

Toro Co:Declared a quarterly cash dividend of $0.25 per share, a 25 percent increase from its previous quarterly dividend rate of $0.20 per share.This dividend is payable on Jan. 12, 2015, to shareholders of record on Dec. 23.  Full Article

Toro Co gives Q1 2015 EPS outlook below analysts' estimates; gives FY 2015 outlook; EPS outlook below analysts' estimates
Thursday, 4 Dec 2014 08:30am EST 

Toro Co:Expects Q1 2015 net earnings to be about $0.47 per share.Expects FY 2015 revenue growth to be about 8 to 10 pct.Expects FY 2015 net earnings to be about $3.30 to $3.40 per share.Q1 2015 EPS of $0.54 mln - Thomson Reuters I/B/E/S.FY 2014 revenue of $2.348 bln and EPS of $3.43 - Thomson Reuters I/B/E/S.  Full Article

Toro Co completes acquisition of BOSS professional snow and ice management business
Friday, 14 Nov 2014 04:30pm EST 

Toro Co:Announced that it has completed the acquisition of the BOSS professional snow and ice management business for about $227 million, subject to post-closing adjustments.  Full Article

Toro Co to acquire BOSS professional snow and ice management business
Monday, 27 Oct 2014 04:15pm EDT 

Toro Co:Entered into a definitive agreement to acquire the BOSS professional snow and ice management business of privately-held Northern Star Industries, Inc.Transaction is expected to close during Toro's fiscal 2015 first quarter.Purchase price is about $227 million, which Toro will pay primarily in cash except for $30 million that will be paid in the form of a three-year unsecured promissory note.  Full Article

BRIEF-Toro Oil & Gas says qtrly production rev rose to $2.1 mln

* Toro Oil & Gas Ltd announces first quarter 2016 financial and operating results