Why Toro Stock Is Moving Higher Today

The company appears to be successfully navigating through a tough period. Outdoor-equipment manufacturer Toro Co. (TTC 7.15%) beat expectations for the quarter and provided signs that its end markets are stabilizing. Investors were encouraged by the update, sending Toro shares up 8% as of 10 a.m. ET. Better-than-expected results in a tough environment Toro is a maker of professional and residential lawn care and snow removal equipment, as well as construction machinery. The company earned $1.40 per share in ...