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The Toro Company (TTC)
NYSE:TTC
Earnings Data
Report Date
Jun 04, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.47Last Year’s EPS
1.42Same Quarter Last Year
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was broadly positive: Toro delivered revenue and EPS beats, improved margins, meaningful AMP savings ($95M toward a $125M goal), stronger free cash flow and inventory metrics, executed a strategic acquisition (Tornado), launched new products, and raised full-year sales and EPS guidance. Offsets include ongoing material/manufacturing cost pressure, some international softness, residential variability, and high M&A valuations. On balance, the operational beats, cash generation, cost-savings progress, and upgraded guidance outweigh the manageable headwinds.Company Guidance
Consolidated Revenue Growth
Consolidated net sales of $1.04 billion, up 4.2% year-over-year, driven by stronger-than-expected demand across Professional and Residential segments.
Earnings Beat and EPS Improvement
Adjusted EPS of $0.74, up from $0.65 a year ago (approximately +13.8%), beating prior-year results and analyst expectations for the quarter.
Strong Professional Segment Performance
Professional segment net sales of $824 million; Pro sales were up ~7% in the quarter, with an estimated ~1–2 percentage points of that from the Tornado acquisition and the balance organic growth driven by snow/ice and underground construction.
Segment Profitability and Margin Expansion
Consolidated adjusted operating earnings margin improved to 9.8% from 9.4% a year ago (+0.4 percentage points). Professional segment earnings were $137.6 million and Residential segment earnings were $13.2 million, both above expectations.
AMP Program and Cost Savings
AMP productivity program has contributed $95 million of cost savings toward a $125 million aggregate target (≈76% of target), helping offset material/manufacturing cost pressure and tariffs.
Cash Generation, Inventory and Capital Returns
Free cash flow of $14.6 million in Q1, a year-over-year increase of more than $80 million, with a Q1 free cash flow conversion of 22%. Inventory turnover improved to 2.8x. Returned $133 million to shareholders in the quarter via dividends and share repurchases (Rick noted ~$95 million in repurchases).
Strategic M&A and Product Innovation
Acquisition of Tornado Infrastructure Equipment expanded hydrovac excavation capabilities; new and recent product launches (BOSS plows with Cold Front Technology, JT21 horizontal directional drill, Ditch Witch SK 1,000) are contributing to demand and product portfolio expansion.
Raised Full-Year Guidance
Raised fiscal 2026 net sales growth outlook to 3%–6.5% and increased adjusted EPS guidance to $4.40–$4.60. Professional full-year earnings margin now expected between 18.5%–19.5%, Residential margin outlook improved to 6.5%–8.5%. Full-year free cash flow conversion now expected at least 120%.
Healthy Balance Sheet and Capital Flexibility
Leverage ratio of 1.5x (within target range) and $90–$100 million planned capex for the year, supporting strategic optionality for investment and M&A discipline.
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
TTC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 05, 2026 | $100.73 | $98.91 | -1.81% |
Dec 17, 2025 | $72.28 | $80.03 | +10.71% |
Sep 04, 2025 | $79.73 | $79.81 | +0.10% |
Jun 05, 2025 | $74.42 | $72.17 | -3.02% |
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 The Toro Company (TTC) report earnings?
The Toro Company (TTC) is schdueled to report earning on Jun 04, 2026, Before Open (Confirmed).
What is The Toro Company (TTC) earnings time?
The Toro Company (TTC) earnings time is at Jun 04, 2026, Before Open (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 2026 (Q2) is 1.47.