Toro Co Bottom Line Climbs 13% In Q2

(RTTNews) - Toro Co (TTC) announced earnings for its second quarter that advanced from last year.

The company said its bottom line climbed to $105.68 million, or $1.89 per share. This was higher than $93.76 million, or $1.64 per share, in last year's second quarter.

Analysts had expected the company to earn $1.79 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.2% to $836.44 million. This was up from $826.24 million last year.

Toro Co earnings at a glance:

-Earnings (Q2): $105.68 Mln. vs. $93.76 Mln. last year. -Earnings Growth (Y-o-Y): 12.7% -EPS (Q2): $1.89 vs. $1.64 last year. -EPS Growth (Y-o-Y): 15.2% -Analysts Estimate: $1.79 -Revenue (Q2): $836.44 Mln vs. $826.24 Mln last year. -Revenue Change (Y-o-Y): 1.2%