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The Toro Company (TTC)
NYSE:TTC
Earnings Data
Report Date
Jun 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.39Last Year’s EPS
1.4Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 06, 2025
|% Change Since: -12.37%
|Next Earnings Date:Jun 05, 2025
Earnings Call Sentiment|Neutral
The Toro Company started fiscal 2025 with strong performance in the Professional segment and increased adjusted earnings per share. The AMP initiative showed significant savings, and new product innovations were introduced. However, the Residential segment faced challenges due to lower snow product shipments and higher material costs. The tariff environment remains uncertain.Company Guidance
During The Toro Company's first-quarter earnings call for fiscal 2025, the company reported nearly $1 billion in net sales, with a notable 1.6% growth in the professional segment, offset by a decline in the residential segment. Adjusted diluted earnings per share increased to $0.65, driven by the company's AMP initiative and improved profitability in the professional segment, which saw earnings rise to $127.2 million, representing 16.5% of net sales. Despite challenges such as elevated snow product inventories and a volatile tariff environment, Toro maintained its full-year guidance for net sales growth between 0% to 1% and adjusted diluted EPS between $4.25 to $4.40. The company plans to strategically reinvest up to half of the $100 million in annualized run-rate savings expected from its AMP initiative by fiscal 2027, with $64 million in savings already realized. The guidance excludes all incremental tariffs introduced year-to-date, apart from those on Chinese imports effective in February. Toro is also committed to driving growth through product innovation in its golf and underground construction businesses.Strong Professional Segment Growth
Professional segment net sales were $768.8 million, up 1.6% year-over-year, driven by higher shipments of golf and grounds products and zero-turn mowers.
Increased Adjusted Diluted Earnings Per Share
Adjusted diluted earnings per share increased to $0.65, up from $0.64 last year, driven by improved profitability in the Professional segment.
Successful AMP Initiative Implementation
Implemented nearly $50 million in run rate savings in Q1, bringing the total to $64 million, primarily driven by headcount actions and supply-based transformation.
New Product Innovations
Introduced several new products, including the Toro Turf Pro autonomous mower, Toro Range Pro golf ball picking robot, and a partnership with TerraRad for soil moisture mapping technology.
Strong Cash Flow Management
Repurchased $100 million in shares during the quarter, following nearly $250 million in repurchases last year.
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TTC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TTC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 06, 2025 | $77.60 | $73.80 | -4.90% |
| Dec 18, 2024 | $84.47 | $80.64 | -4.53% |
| Sep 05, 2024 | $89.73 | $80.68 | -10.09% |
| Jun 06, 2024 | $78.24 | $89.50 | +14.39% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does The Toro Company (TTC) report earnings?
The Toro Company (TTC) is schdueled to report earning on Jun 05, 2025, TBA Not Confirmed.
What is The Toro Company (TTC) earnings time?
The Toro Company (TTC) earnings time is at Jun 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TTC EPS forecast?
TTC EPS forecast for the fiscal quarter 2025 (Q2) is 1.39.
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