UPDATE 1-Toromont profit up, warns on fourth quarter

Newswire

(Adds details) TORONTO, Oct 30 (Reuters) - Industrial equipment supplier Toromont Industries said on Tuesday earnings rose 18 percent in the third quarter, due primarily to growth in its equipment group. But the company, which supplies Caterpillar heavy equipment and specialty equipment, warned that fourth-quarter earnings "are likely to fall short" of the previous year's figures. Toromont said it earned C$30.7 million ($32.3 million), or 47 Canadian cents a share, in the quarter ended ...

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