The earnings call presented a mixed picture with notable achievements in revenue growth, particularly in CIMCO and AVL contributions, alongside healthy backlog and liquidity. However, these were counterbalanced by challenges in the mining segment, increased expenses, and a decline in operating income and net earnings.

Company Guidance -

Q3 2025

In the second quarter of 2025, Toromont Industries Limited reported mixed financial results amidst ongoing macroeconomic and trade uncertainties. Revenue increased modestly by 1% compared to the same quarter last year, with CIMCO driving a 13% rise due to strong market demand and execution in both Canada and the U.S. The Equipment Group saw stable revenue, with growth in rental (up 15%) and product support (up 4%), but was offset by a 54% decline in mining equipment deliveries. Operating income decreased by 4% year-over-year, influenced by AVL acquisition-related noncash expenses. Net earnings fell by 8%, while basic earnings per share stood at $1.53 for the quarter. The company maintained a robust backlog of $1.4 billion, with CIMCO's backlog increasing by 21%. Toromont ended the quarter with significant liquidity, including $1 billion in cash, and a net debt to total capitalization ratio of negative 3%. The dividend was maintained at $0.52 per share, reflecting Toromont's cautious yet optimistic outlook amid evolving economic conditions.

Revenue Increase Despite Challenges

Overall revenue increased, with significant contributions from rental and product support as well as new equipment deliveries in the construction and power segments. However, these were balanced by lower mining sales.

CIMCO Revenue Growth

CIMCO posted higher revenue and earnings, with package revenue supported by a strong order backlog and improved product support activity.

AVL Acquisition Progress

AVL contributed $57 million in revenue for Q2 and $79 million year-to-date, with production ramping up and a healthy order backlog of $246 million.

Healthy Backlog and Liquidity

Backlog remains healthy at $1.4 billion, with ample liquidity including $1 billion in cash and $456 million available under existing credit facilities.

RPO Fleet and Rental Revenue Growth

Rental revenue was up 15% in Q2 and 13% year-to-date, supported by a larger fleet and improved utilization. RPO fleet increased to $101.4 million, up from $64.1 million a year ago.

Toromont Industries (TSE:TIH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:TIH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	1.59 / -	1.59	―	―	―
Jul 29, 2025	2025 (Q2)	1.50 / 1.53	1.64	-6.71% (-0.11)	―	―
Apr 30, 2025	2025 (Q1)	1.05 / 0.91	1.01	-9.90% (-0.10)	―	―
Feb 11, 2025	2024 (Q4)	1.72 / 1.90	1.86	2.15% (+0.04)	―	―
Nov 04, 2024	2024 (Q3)	1.68 / 1.59	1.77	-10.17% (-0.18)	―	―
Jul 30, 2024	2024 (Q2)	1.57 / 1.64	1.61	1.86% (+0.03)	―	―
May 01, 2024	2024 (Q1)	1.13 / 1.01	1.16	-12.93% (-0.15)	―	―
Feb 13, 2024	2023 (Q4)	1.72 / 1.86	1.93	-3.63% (-0.07)	―	―
Oct 30, 2023	2023 (Q3)	1.61 / 1.77	1.49	18.79% (+0.28)	―	―
Jul 26, 2023	2023 (Q2)	1.43 / 1.61	1.34	20.15% (+0.27)	―	―

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

TSE:TIH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 29, 2025	C$132.74	C$139.00	+4.72%
Apr 30, 2025	C$116.13	C$110.88	-4.52%
Feb 11, 2025	C$116.32	C$120.22	+3.35%
Nov 04, 2024	C$121.10	C$117.46	-3.01%

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.

FAQ

When does Toromont Industries (TSE:TIH) report earnings?

Toromont Industries (TSE:TIH) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Toromont Industries (TSE:TIH) earnings time?

Toromont Industries (TSE:TIH) earnings time is at Oct 29, 2025, After Close (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 TSE:TIH EPS forecast?

TSE:TIH EPS forecast for the fiscal quarter 2025 (Q3) is 1.59.

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