BLOOMINGTON, Minn. (AP) — BLOOMINGTON, Minn. (AP) — Toro Co. (TTC) on Wednesday reported profit of $73 million in its fiscal fourth quarter.
On a per-share basis, the Bloomington, Minnesota-based company said it had profit of 74 cents. Earnings, adjusted for one-time gains and costs, were 91 cents per share.
The landscaping, maintenance and irrigation equipment maker posted revenue of $1.07 billion in the period.
For the year, the company reported profit of $316.1 million, or $3.17 per share. Revenue was reported as $4.51 billion.
Toro expects full-year earnings in the range of $4.35 to $4.50 per share.
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