Toro Co

Deere reported revenues of $12.61 billion, up 4.9% year on year, exceeding analysts' expectations by 1.4% on a strong quarter that included a beat of analysts' EPS estimates. Among the 6 agricultural machinery stocks tracked, group revenues came in line with analysts' consensus estimates while next quarter's revenue guidance was 6.3% below, and share prices have held steady, up 1.3% on average since the latest earnings results. Alamo reported revenues of $450.7 million, up 7.6% year on year, outperforming analysts' expectations by 3% and delivering the biggest analyst estimate beat of the whole group. AGCO reported revenues of $2.61 billion, flat year on year, falling short of analysts' expectations by 4.9% and posting the weakest full-year guidance update among its peers. The Toro Company reported revenues of $1.23 billion, up 8.4% year on year, beating analysts' expectations by 3% and scoring the fastest revenue growth in the group, while Titan International reported revenues of $484.8 million, up 5.2% year on year, surpassing analysts' expectations by 1% and delivering the highest full-year guidance raise among its peers.

The Toro Company reported fiscal third-quarter 2026 net sales of $1.226 billion, up 8.4% year over year, with adjusted operating earnings margin expanding to 13.9% from 13.6%. Professional segment sales grew 8.8% to $1.013 billion, but its earnings margin slipped to 20.9% from 21.3%, while Residential sales rose 8.6% to $209.3 million and its margin jumped to 5.9% from 1.9%. The company raised its full-year net-sales growth guidance to 6.3% to 6.6%, up from the prior 4.0% to 6.5% range. Although Residential earnings improved sharply to $12.4 million from $3.7 million, Professional remains the dominant driver, accounting for about 83% of quarterly sales and roughly 94.5% of combined segment earnings, so its margin compression remains a key watchpoint.

Toro reported quarterly earnings of $1.33 per share, surpassing the Zacks Consensus Estimate of $1.30, and up from $1.24 a year ago. Revenue for the quarter ended July 2026 came in at $1.23 billion, beating estimates by 3.05% and rising from $1.13 billion in the prior year. The company has exceeded consensus EPS estimates in each of the last four quarters. Toro shares have gained about 26% year-to-date, outperforming the S&P 500's 12% rise. Looking ahead, the current consensus EPS estimate for the coming quarter is $0.97 on $1.12 billion in revenue, and for the full fiscal year it is $4.60 on $4.77 billion in revenue.