Toro Co Bottom Line Declines In Q3

(RTTNews) - Toro Co (TTC) announced a profit for third quarter that Drops, from last year

The company's earnings came in at $53.5 million, or $0.54 per share. This compares with $119.3 million, or $1.14 per share, last year.

Excluding items, Toro Co reported adjusted earnings of $122.5 million or $1.24 per share for the period.

The company's revenue for the period fell 1.7% to $1.13 billion from $1.15 billion last year.

Toro Co earnings at a glance (GAAP) :

-Earnings: $53.5 Mln. vs. $119.3 Mln. last year. -EPS: $0.54 vs. $1.14 last year. -Revenue: $1.13 Bln vs. $1.15 Bln last year.