The Toro Company Reports Earnings Results for the Third Quarter and Nine Months Ended August 02, 2024
September 05, 2024 at 08:58 am EDT
The Toro Company reported earnings results for the third quarter and nine months ended August 02, 2024. For the third quarter, the company reported sales was USD 1,156.9 million compared to USD 1,081.8 million a year ago. Net income was USD 119.3 million compared to net loss of USD 15 million a year ago. Basic earnings per share from continuing operations was USD 1.15 compared to basic loss per share from continuing operations of USD 0.14 a year ago. Diluted earnings per share from continuing operations was USD 1.14 compared to diluted loss per share from continuing operations of USD 0.14 a year ago.
For the nine months, sales was USD 3,507.8 million compared to USD 3,570 million a year ago. Net income was USD 329 million compared to USD 259.4 million a year ago. Basic earnings per share from continuing operations was USD 3.16 compared to USD 2.48 a year ago. Diluted earnings per share from continuing operations was USD 3.14 compared to USD 2.46 a year ago.