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Stock impact report

Q2 Earnings Highs And Lows: The Toro Company (NYSE:TTC) Vs The Rest Of The Agricultural Machinery Stocks [Yahoo! Finance]

Toro Company (The) (TTC) 
Last toro company (the) earnings: 3/5 08:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Today we are looking at The Toro Company (NYSE:TTC) and the best and worst performers in the agricultural machinery industry. Agricultural machinery companies are investing to develop and produce more precise machinery, automated systems, and connected equipment that collects analyzable data to help farmers and other customers improve yields and increase efficiency. On the other hand, agriculture is seasonal and natural disasters or bad weather can impact the entire industry. Additionally, macroeconomic factors such as commodity prices or changes in interest rates–which dictate the willingness of these companies or their customers to invest–can impact demand for agricultural machinery. The 6 agricultural machinery stocks we track reported a satisfactory Q2. As a group, revenues missed analysts' consensus estimates by 0.8% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 6.1% sin Show less Read more
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