Toro Co Reports Gain In Q1 Earnings

(RTTNews) - Toro Co (TTC) reported earnings for its first quarter that increased compared to the same period last year.

The company said its bottom line totaled $52.14 million, or $0.48 per share. This was up from $40.12 million, or $0.37 per share, in last year's first quarter.

The company said revenue for the quarter rose 6.3% to $548.25 million. This was up from $515.84 million last year.

Toro Co earnings at a glance:

-Earnings (Q1): $52.14 Mln. vs. $40.12 Mln. last year. -Earnings Growth (Y-o-Y): 30.0% -EPS (Q1): $0.48 vs. $0.37 last year. -EPS Growth (Y-o-Y): 29.7% -Revenue (Q1): $548.25 Mln vs. $515.84 Mln last year. -Revenue Change (Y-o-Y): 6.3%

-Guidance: Next quarter EPS guidance: $1.17 to $1.22 Full year EPS guidance: $2.67 to $2.73