TTC Earnings Prediction
The chart below shows how TTC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TTC sees a +1.73% change in stock price 10 days leading up to the earnings, and a -1.58% change 10 days following the report. On the earnings day itself, the stock moves by -0.81%. This data can give you a slight idea of what to expect for the next quarter's release.
TTC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.08B
9.43%
-6.99%
Gross Margin
32.43%
-3.25%
-6.86%
Operating Margin
10.13%
0.10%
-20.86%
Net Margin
8.36%
16.92%
-18.91%
EPS
0.87
29.85%
-23.68%
No Data Available
TTC Earnings Analysis
Toro Company (The) Corporation (TTC.N) Earnings Conference Call
Positive
Net Sales Increase: Net sales for the full year reached $4.58 billion, marking a 1% increase over the previous year, demonstrating consistent top-line growth.
Net Sales Increase: In the fourth quarter, net sales increased by 9.4% compared to last year, driven by higher shipments in underground construction equipment and golf and grounds products.
Earnings Per Share Performance: Adjusted diluted earnings per share for the full year were $4.17, reflecting strong financial performance and alignment with expectations.
Free Cash Flow Generation: The company generated over $300 million in free cash flow for the year, enabling a return of nearly $400 million to shareholders through share repurchases and increased dividends.
Residential Segment Sales Growth: The residential segment reported a 4.5% increase in net sales for the fourth quarter, driven by successful new product introductions that exceeded expectations.
Negative
Net Sales Growth Slowdown: Net sales for the full year were reported at $4.58 billion, which was only up about 1% over last year, indicating a slowdown in growth.
Residential Segment Loss Decline: The residential segment reported a loss of $13.8 million compared to a profit of $4.5 million last year, highlighting a significant decline in profitability.
Professional Segment Sales Decline: The professional segment net sales decreased by 3.2% to $3.56 billion, comprising 78% of total company net sales, reflecting challenges in this key area.
Decline in Operational Efficiency: Operating earnings as a percentage of net sales for the full year were 11.6%, down slightly from 12.9% in fiscal 2023, indicating a decline in operational efficiency.
Cost Impact on Profitability: The company faced higher material and freight costs, which negatively impacted margins and overall profitability.
TTC FAQs
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TTC Earning Call Sentiment
The Toro Company (TTC) Q4 2024 Earnings Call Transcript
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TTC.N
-0.19%Positive
Basic financial performance is mixed with record EPS but declining gross margins and residential losses. Product development shows promise in autonomous products but faces competitive pressure. Market strategy is cautious with flat pro segment growth. Expenses are controlled, but financial health is impacted by higher interest expenses. Shareholder return is stable with strong free cash flow. Analysts express concerns over residential performance and cautious guidance. Overall, the sentiment is balanced between positives like EPS growth and negatives like margin declines and cautious market outlook.
