Toro (NYSE:TTC) Full Year 2024 Results
Key Financial Results
- Revenue: US$4.58b (flat on FY 2023).
- Net income: US$418.9m (up 27% from FY 2023).
- Profit margin: 9.1% (up from 7.2% in FY 2023).
- EPS: US$4.04 (up from US$3.16 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Toro EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%.
Looking ahead, revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Machinery industry in the US.
Performance of the American Machinery industry.
The company's shares are down 7.6% from a week ago.
Risk Analysis
Be aware that Toro is showing 1 warning sign in our investment analysis that you should know about...
Valuation is complex, but we're here to simplify it.
Discover if Toro might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:TTC
Toro
Designs, manufactures, markets, and sells professional turf maintenance equipment and services.
Outstanding track record with excellent balance sheet and pays a dividend.
