Toro: Fiscal 4Q Earnings Snapshot

Associated Press |

BLOOMINGTON, Minn. (AP) _ Toro Co. (TTC) on Thursday reported fiscal fourth-quarter earnings of $39 million.

The Bloomington, Minnesota-based company said it had profit of 36 cents per share. Earnings, adjusted for non-recurring gains, came to 32 cents per share.

The landscaping, maintenance and irrigation equipment maker posted revenue of $539.3 million in the period.

For the year, the company reported profit of $271.9 million, or $2.50 per share. Revenue was reported as $2.62 billion.

Toro shares have declined almost 9 percent since the beginning of the year. The stock has declined nearly 9 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTC at https://www.zacks.com/ap/TTC

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