TORO LTD

Toro reported Q2 2026 revenue of $1.6 billion, beating the $1.39 billion forecast (+15.1%). GAAP EPS was $1.42, slightly missing the $1.50 expectation, while adjusted EPS rose to $1.60. The stock jumped 5.55% in premarket trading and the company raised its full-year guidance for revenue growth and adjusted EPS, supported by growth in the Professional and Residential segments and strategic acquisitions. » More on de.investing.com

The board of directors of Toro Corp. has approved a one-time special dividend of $0.90 per common share. Shareholders of record at the close of trading on May 4, 2026, will be entitled to the payment, which will be made on June 5, 2026. Shareholders may elect to receive the payment in cash or in common shares; any share issuance will be calculated based on the volume-weighted 20-day average price (VWAP) of $3.8821 through April 21, 2026. Toro normally does not pay dividends; the announcement comes for a stock that last traded at $3.91 and, according to InvestingPro, is above fair value, despite indicated cash-burn risks. » More on de.investing.com

Toro has declared a regular quarterly dividend of $0.39 per common share. The payout will be made on April 13, 2026 to shareholders of record at the close of business on March 30, 2026. Toro reported net sales of $4.5 billion for fiscal 2025, operates in more than 125 countries and has a market capitalization of about $9.2 billion; the stock returned 32% last year and is trading near its estimated fair value. » More on de.investing.com