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Toro Co Lowers FY 2012 Guidance


Thursday, 23 Aug 2012 08:30am EDT 

Toro Co announced that for fiscal 2012, it expects revenue growth to be about 4%-5% and net earnings to be about $2.10 per share, which continues to include the $0.08 negative earnings per share impact for investments related to the Astec and Stone product-line acquisitions. The Company reported revenue of $1.884 billion in fiscal 2011. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $2.014 billion and EPS of $2.16 for fiscal 2012. 

Company Quote

60.58
-0.46 -0.75%
28 Jul 2014