Streetbeat News

TMTNF

Toromont Industries Ltd.

http://www.toromont.com/

CEO

Scott Medhurst

Industry

General Rental Centers

Open

79.54

Mkt cap

6.4B

Volume

200

High

79.54

P/E Ratio

18.34

52-wk high

98.22

Low

78.48

Div yield

0.02

52-wk low

78.35

Toromont Industries reported mixed Q3 '24 results with a 14% revenue increase but a 10-cent EPS miss due to margin pressures. The Equipment Group saw a 14% sales increase, while CIMCO's revenue grew 17%. Key highlights include the Tri-City Equipment Rentals acquisition and a 118% increase in mining-related equipment revenues.

Portfolio Pulse from

December 11, 2024 | 8:00 pm

Toromont Industries Ltd. (TMTNF) held its Q3 2024 earnings call on November 5, 2024. The call featured company executives and analysts from various financial institutions.

Portfolio Pulse from

November 05, 2024 | 5:30 pm

Raymond James analyst Steve Hansen downgraded Toromont Industries (OTC:TMTNF) from Outperform to Market Perform and set a price target of $135.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 5:04 pm

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