Toro Company reports Q2 adjusted EPS $1.42, consensus $1.39

Reports Q2 revenue $1.32B, consensus $1.35B. “Our second-quarter results demonstrate the resilience and agility of The Toro Company (TTC) and commitment of our dedicated employees and channel partners to deliver innovative solutions and exceptional service to meet our customers’ needs,” said Richard Olson, chairman and chief executive officer. “While top-line growth was pressured in our Residential segment, we drove continued Professional segment momentum, which helped us exceed our expectations for earnings in the quarter. Our progress exemplifies the success of our strategic and operational actions to create long-term value for all stakeholders.”