The Toro Company (TTC) announced the company now expects revenue growth for fiscal 2016 to be flat to up two percent and net earnings per share to increase to about $3.90 to $4.00. In February, the company projected revenue growth to be about 4 percent, and earnings per share to be about $3.85 to $3.95. Analysts polled by Thomson Reuters expect the company to report profit per share of $4.02. Analysts' estimates typically exclude special items.
For the third quarter, the company expects net earnings per share to be about $0.95. Analysts polled by Thomson Reuters expect the company to report profit per share of $1.05.
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