Toromont Industries Q3 EPS $2.33 Beats $2.06 Estimate, Sales $1.652B Beat $1.523B Estimate

Toromont Industries (TSX:TIH) reported quarterly earnings of $2.33 per share which beat the analyst consensus estimate of $2.06 by 13.11 percent. This is a 35.47 percent increase over earnings of $1.72 per share from the same period last year. The company reported quarterly sales of $1.652 billion which beat the analyst consensus estimate of $1.523 billion by 8.47 percent. This is a 25.63 percent increase over sales of $1.315 billion the same period last year.