Toro Q2 EPS $0.001 Down From $0.94 YoY, Sales $5.47M Down From $24.86M YoY
Portfolio Pulse from Benzinga Newsdesk
Toro (NASDAQ:TORO) reported a significant decline in its Q2 earnings and sales. The company's EPS dropped from $0.94 to $0.001, and sales fell from $24.86 million to $5.47 million year-over-year.
August 12, 2024 | 1:02 pm
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Toro reported a drastic decline in Q2 earnings and sales, with EPS dropping from $0.94 to $0.001 and sales falling from $24.86 million to $5.47 million year-over-year.
The significant decline in both EPS and sales indicates poor financial performance, which is likely to negatively impact the stock price in the short term.
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