Can Toro (TTC) Spring A Surprise This Earnings Season?
Zacks Investment Research | Aug 17, 2017 10:40PM ET
The Toro Company (NYSE:TTC) is scheduled to report third-quarter fiscal 2017 results on Aug 24. In the previous quarter, the company had reported a year-over-year improvement in earnings and also beat the Zacks Consensus Estimate. Let's see how things are shaping up prior to this announcement.
What to Expect?
The question lingering in investors' minds now is whether Toro will be able to post positive earnings surprise in the quarter to be reported. The current Zacks Consensus Estimate for the quarter under review is 57 cents, reflecting a 13.33% year-over-year growth. We note that the Zacks Consensus Estimate has been stable in the last 30 days. Analysts polled by Zacks expect revenues of $627.93 million, up 4.48% from the year-ago quarter.
The company has outpaced the Zacks Consensus Estimate in the trailing four quarters and delivered an average positive earnings surprise of 9.60%.
In the past one year, Toro outperformed the Original post
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