Toro Company shares are trading lower after the company reported worse-than-expected Q2 revenue guidance and lowered FY23 sales growth guidance and EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Toro Company reported worse-than-expected Q2 revenue guidance and lowered its FY23 sales growth guidance and EPS guidance below estimates, causing its shares to trade lower.
June 08, 2023 | 4:58 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Toro Company's shares are trading lower due to worse-than-expected Q2 revenue guidance and lowered FY23 sales growth and EPS guidance.
Toro Company's shares are trading lower as a direct result of the company's worse-than-expected Q2 revenue guidance and lowered FY23 sales growth and EPS guidance. This negative news is likely to impact investor sentiment and cause a short-term decline in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100