Toro  (TTC +7.5%) pops on a strong FQ2 report earlier today. Net earnings rose 14% Y/Y as...

|About: Toro Company (TTC)|By:, SA News Editor

Toro  (TTC +7.5%) pops on a strong FQ2 report earlier today. Net earnings rose 14% Y/Y as unseasonably warm weather and an accelerated Spring helped boost sales of grounds-care equipment. The company also raises its FY12 forecast, now expecting an EPS of approximately $4.30, in the lower end of its previously announced guidance range of $4.30 - $4.35, but still better than Street estimates of $4.29. The company also expects revenue growth of 7% - 8% Y/Y.