Toromont Industries Q2 EPS $1.51 Misses $1.69 Estimate, Sales $1.598B Beat $1.488B Estimate
Toromont Industries (TSX:TIH) reported quarterly earnings of $1.51 per share which missed the analyst consensus estimate of $1.69 by 10.65 percent. This is a 0.66 percent decrease over earnings of $1.52 per share from
Toromont made more sales than people expected, but didn't make as much profit per share as analysts thought it would. When a company sells more but earns less per share, it hints that costs went up or they're not as efficient—something to watch in future reports.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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