BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company reports results for the first quarter of fiscal 2024 with continued strength in demand across construction, golf and grounds markets.
BLOOMINGTON, Minn.--(BUSINESS WIRE)--The Toro Company (NYSE: TTC) announced today that it will release its fiscal 2024 first quarter results on Thursday, March 7, 2024.
24 dividend increases are expected next week, including Nucor's 50th annual dividend increase. Consistently increasing dividend payouts leads to better performance for companies.
Toro's Q4 results show that the company is managing the demand shortfall that caused an earnings miss in the prior quarter. Modest EPS growth projections for 2024 have possible upside from a stabilizing housing market and buybacks enabled by improved free cash flow. Valuation is not expensive relative to history. The stock deserves a higher multiple given management's efforts to right the ship ...
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