Toto (OTCMKTS:TOTDY) Announces Earnings Results, Misses Expectations By $0.12 EPS

Toto (OTCMKTS:TOTDY) announced its earnings results on Friday. The company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.12), Zacks reports.

Toto Stock Down 2.2%

TOTDY stock traded down $0.82 during midday trading on Friday, hitting $36.07. The stock had a trading volume of 3,482 shares, compared to its average volume of 19,373. The company’s 50-day moving average price is $37.71 and its 200 day moving average price is $39.87. Toto has a 12-month low of $23.84 and a 12-month high of $60.09.

Wall Street Analysts Forecast Growth

Separately, Nomura upgraded Toto to a “hold” rating in a research report on Tuesday, September 1st. Two analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock has an average rating of “Hold”.

About Toto

TOTO Ltd. is a Japanese manufacturer of bathroom and plumbing products. The company is best known for its sanitary ware, faucets, bathroom fixtures, and advanced electronic bidet toilet seats marketed under the WASHLET brand. Its product portfolio also includes bathroom systems, washbasins, toilets, shower equipment, and related plumbing products for residential, commercial, and hospitality applications.

The company was founded in 1917 as Toyo Toki Co, Ltd., initially producing sanitary ceramics, and adopted the TOTO name in 1970.