BLOOMINGTON, Minn. (AP) — BLOOMINGTON, Minn. (AP) — Toro Co. (TTC) on Thursday reported fiscal third-quarter profit of $77 million.
The Bloomington, Minnesota-based company said it had profit of 81 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.33 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share.
The landscaping, maintenance and irrigation equipment maker posted revenue of $1.23 billion in the period.
Toro expects full-year earnings in the range of $4.60 to $4.65 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTC at https://www.zacks.com/ap/TTC





