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The Latest Breaking News from Residential

Toro Narrows 2025 Guidance While Professional Segment Lifts Margins And Residential Headwinds Intensify

The Toro Company (NYSE:TTC) shares fell after the company posted fiscal third-quarter net sales of $1.13 billion, a 2% decline from a year earlier and short of the $1.16 billion analyst estimate.

View to feature in Seven's new reno show as property site goes to the next level

View to feature in Seven's new reno show as property site goes to the next level

Channel Seven's hotly anticipated new renovation show, Dream Home, is to feature the latest property data from View.com.au. The renovating reality show to be hosted by Dr Chris Brown will follow the course of six suburban homes transformed by their owners. View.com.au will step into the show, as it and…

Newcastle Herald

Truist Securities Maintains Buy Rating for AZEK Co: Here's What You Need To Know

Truist Securities Maintains Buy Rating for AZEK Co: Here's What You Need To Know

Truist Securities has decided to maintain its Buy rating of AZEK Co (NYSE:AZEK) and lower its price target from $34.00 to $30.00. Shares of AZEK Co are trading down 13.06% over the last 24 hours, at $15.95 per share. A move to $30.00 would account for a 88.15% increase from…

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Baird Maintains Outperform Rating for AZEK Co: Here's What You Need To Know

Baird has decided to maintain its Outperform rating of AZEK Co (NYSE:AZEK) and lower its price target from $30.00 to $28.00. Shares of AZEK Co are trading down 13.06% over the last 24 hours, at $15.95 per share. A move to $28.00 would account for a 75.6% increase from the…

Toro Clocks 9% Sales Growth in Q2, Raises FY22 Outlook

Toro Co (NYSE:TTC) reported second-quarter FY22 sales growth of 8.7% year-over-year to $1.25 billion, missing the consensus of $1.27 billion. Adjusted EPS was $1.25, beating the consensus of $1.23. Sales by segments: Professional $925.8 million (+11.8% Y/Y), and Residential $319.7 million (+1.5% Y/Y). The gross margin reduced to 32.4%, from 35.1% in…

Charter Communications Clocks 5.4% Revenue Growth In Q1; Bets On Superior Converged Connectivity, Comcast JV

Charter Communications, Inc (NASDAQ:CHTR) reported first-quarter FY22 revenue growth of 5.4% year-on-year to $13.20 billion, marginally missing the consensus of $13.21 billion. Revenue growth of 3.7% in Residential, 40.2% in Mobile, and 4.3% in Commercial drove the top-line performance. Charter added 164,000 residential Internet customers, compared to 334,000 last year. Residential video customers…

Toro's Q1 Top-Line Lags Street View, Notes Margin Pressure

Toro Co (NYSE:TTC) reported first-quarter FY22 sales growth of 6.8% year-over-year to $932.65 million, missing the consensus of $967.83 million. Adjusted EPS was $0.66, beating the consensus of $0.62. Sales by segments: Professional $672.89 million (+3.5% Y/Y), and Residential $255.4 million (+17.3% Y/Y). Operating earnings reduced by 35.2% Y/Y to $91.63 million,…

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Charter Communications Q4 Bottom-Line Tops Consensus

Charter Communications Q4 Bottom-Line Tops Consensus

Charter Communications Inc (NASDAQ:CHTR) reported fourth-quarter FY21 revenue growth of 4.7% year-on-year, to $13.21 billion, missing the consensus of $13.25 billion. Revenue growth of 5.1% in Residential, 47.5% in Mobile, and 4.8% in Commercial drove the top-line performance. Charter added 172,000 residential Internet customers during Q4, compared to 216,000 last year. Residential video…

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