Toro Exceeds Q4 Expectations with 4.2% YoY Revenue Growth and $0.74 EPS Beat

Toro reported Q4 revenue of $1.04 billion, a 4.2% YoY increase, and non-GAAP profit of $0.74 per share, a 14.2% beat. Management attributed the results to strong demand for snow and ice products and growth in the underground and specialty construction markets. They raised full-year adjusted EPS guidance to $4.50, a 1.7% increase, and emphasized expansion into underground construction and autonomous turf solutions as key growth avenues.