Toro Company (TTC)
NYSE:TTC
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Earnings Data
Report Date
Sep 03, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
1.3Last Year’s EPS
1.24Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed multiple strong operational and financial achievements — double-digit EPS growth rates, meaningful top-line growth, record operating margin in recent quarters, robust free cash flow and a raised full-year guidance. These positives were balanced against manageable near-term headwinds from tariffs, inflationary input costs, a higher tax rate, and some inventory imbalances and regional softness. Management emphasized that productivity gains from the AMP program and strategic actions have largely offset cost pressures, and the company believes the net impact to the fiscal year is modest.Company Guidance
Top-Line Growth
Second quarter net sales of $1.42 billion, up 8.1% year-over-year (5.7% organically); company raised full-year sales growth guidance to 4.0%–6.5% (from 3.0%–6.5%).
Earnings and Margin Expansion
Adjusted EPS of $1.60 in Q2, up 13% year-over-year; adjusted operating margin of 14.4% (up 70 basis points), the highest operating margin in the past 12 quarters.
Segment Performance — Professional
Professional segment net sales of ~$1.1 billion, up 9.1% (6.0% organically); professional segment earnings $224 million at a 20.3% margin (up 40 bps); full-year professional growth now expected 5%–7%.
Segment Performance — Residential
Residential net sales ~$310 million, up 4.1% organically; residential margins improved to ~9.8% (up 34 bps); outlook improved to ~flat for full-year residential sales.
Cash Generation and Capital Return
Free cash flow of $266 million in the first half, up $181 million YoY; free cash flow conversion 125%; returned $361 million to shareholders in H1 (share repurchases and dividends); leverage ratio 1.4x.
Product Innovation and Strength in Underground Construction
Low double-digit organic sales growth in underground & specialty construction driven by products like the JT21 horizontal directional drill and Orange Intel fleet/job-site intelligence; Tornado integration ahead of plan contributing >2 percentage points to top-line.
Productivity Program (AMP) Impact
AMP program credited with significant margin and productivity gains; AMP on track to deliver $125 million in run-rate savings by fiscal year-end and cited as key offset to inflation/tariff pressures.
Raised EPS Guidance and Tightened Range
Full-year adjusted EPS guidance raised to $4.50–$4.62 (prior $4.40–$4.60) with a higher midpoint ($4.56) reflecting Q2 beat and offsetting estimated inflation/tariff headwinds.
TTC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TTC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 04, 2026 | $90.95 | $88.83 | -2.33% |
Mar 05, 2026 | $100.30 | $98.49 | -1.81% |
Dec 17, 2025 | $71.98 | $79.69 | +10.71% |
Nov 13, 2025 | $72.33 | $70.94 | -1.92% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Toro Company (TTC) report earnings?
Toro Company (TTC) is schdueled to report earning on Sep 03, 2026, Before Open (Confirmed).
What is Toro Company (TTC) earnings time?
Toro Company (TTC) earnings time is at Sep 03, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TTC EPS forecast?
TTC EPS forecast for the fiscal quarter 2026 (Q3) is 1.3.