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Toll Brothers(TOL) - 2024 Q2 - Earnings Call Transcript
2024-05-22 16:21
Toll Brothers, Inc. (NYSE:TOL) Q2 2024 Earnings Conference Call May 22, 2024 8:30 AM ET Company Participants Douglas Yearley - Chairman, Chief Executive Officer Martin Connor - Chief Financial Officer Robert Parahus - President, Chief Operating Officer Frederick Cooper - Senior Vice Present of Finance, Investor Relations Wendy Marlett - Chief Marketing Officer Gregg Ziegler - Senior Vice President, Treasurer Conference Call Participants Stephen Kim - Evercore ISI John Lovallo - UBS Ivy Zelman - Zelman & ...
Toll Brothers (TOL) Q2 Earnings Miss, Revenues Beat, Guidance Up
zacks.com· 2024-05-22 14:50
Toll Brothers, Inc. (TOL) reported mixed results for second-quarter fiscal 2024 (ended Apr 30, 2024), wherein its earnings missed the Zacks Consensus Estimate but revenues beat the same. Nonetheless, both the top and bottom lines increased on a year-over-year basis.Shares of this leading luxury homebuilder gained 1.2% in the after-hours trading session on May 21, 2024, following the earnings release.Toll Brothers' fiscal second-quarter success was driven by strong demand for new homes, bolstered by a resili ...
Toll Brothers (TOL) Reports Q2 Earnings: What Key Metrics Have to Say
zacks.com· 2024-05-21 23:31
Toll Brothers (TOL) reported $2.84 billion in revenue for the quarter ended April 2024, representing a year-over-year increase of 13.2%. EPS of $3.38 for the same period compares to $2.85 a year ago.The reported revenue represents a surprise of +12.57% over the Zacks Consensus Estimate of $2.52 billion. With the consensus EPS estimate being $4.13, the EPS surprise was -18.16%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...
Toll Brothers Earnings Grow 60%; Luxury Homebuilder Raises Full-Year Outlook
investors.com· 2024-05-21 21:14
Luxury homebuilder Toll Brothers (TOL) reported better-than-expected fiscal second-quarter earnings late Tuesday and forecast full fiscal-year profit growing 13% as it increased delivery expectations. Williams-Sonoma (WSM), another upscale housing-related play, reports early Wednesday.X Toll Brothers' fiscal Q2 earnings grew 60% to $4.55 per share with revenue totaling $2.84 billion, up 13% vs. a year ago. The homebuilder delivered 2,641 homes at an average price of $1 million, generating home sales of $2.6 ...
Toll Brothers(TOL) - 2024 Q2 - Quarterly Results
2024-05-21 20:40
EXHIBIT 99.1 FOR IMMEDIATE RELEASE CONTACT: Frederick N. Cooper (215) 938-8312 May 21, 2024 fcooper@tollbrothers.com Toll Brothers Reports FY 2024 2nd Quarter Results FORT WASHINGTON, PA, May 21, 2024 -- Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation's leading builder of luxury homes, today announced results for its second quarter ended April 30, 2024. FY 2024's Second Quarter Financial Highlights (Compared to FY 2023's Second Quarter): Douglas C. Yearley, Jr., chairman and chief executive of ...
Toll Brothers Reports FY 2024 2nd Quarter Results
Newsfilter· 2024-05-21 20:30
FORT WASHINGTON, Pa., May 21, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation's leading builder of luxury homes, today announced results for its second quarter ended April 30, 2024. FY 2024's Second Quarter Financial Highlights (Compared to FY 2023's Second Quarter): Net income and earnings per share were $481.6 million and $4.55 per diluted share, compared to net income of $320.2 million and $2.85 per diluted share in FY 2023's second quarter.Net income and earnings p ...
Toll Brothers Reports FY 2024 2nd Quarter Results
globenewswire.com· 2024-05-21 20:30
FORT WASHINGTON, Pa., May 21, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (TollBrothers.com), the nation’s leading builder of luxury homes, today announced results for its second quarter ended April 30, 2024. FY 2024’s Second Quarter Financial Highlights (Compared to FY 2023’s Second Quarter): Net income and earnings per share were $481.6 million and $4.55 per diluted share, compared to net income of $320.2 million and $2.85 per diluted share in FY 2023’s second quarter.Net income and earnings p ...
Earnings Preview: What To Expect From Toll Brothers
forbes.com· 2024-05-21 14:20
SOUTH BARRINGTON, IL - DECEMBER 04: A home site is listed as sold in a Toll Brothers housing ... [+] development on December 4, 2012 in South Barrington, Illinois. Toll Brothers beat fiscal fourth-quarter earnings expectations which CEO Douglas Yearley Jr. attributed to an increase in home prices, low interest rates and a pent up demand. Nationwide home prices increased 6.3% in October from a year earlier, the biggest year-over-year gain since 2006. (Photo by Scott Olson/Getty Images)Getty ImagesToll Brothe ...
Toll Brothers (TOL) Stock Declines While Market Improves: Some Information for Investors
zacks.com· 2024-05-17 22:46
Toll Brothers (TOL) closed the most recent trading day at $130.74, moving -0.3% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.12%. Elsewhere, the Dow gained 0.34%, while the tech-heavy Nasdaq lost 0.07%.The the stock of home builder has risen by 15.88% in the past month, leading the Construction sector's gain of 4.74% and the S&P 500's gain of 4.99%.The upcoming earnings release of Toll Brothers will be of great interest to investors. The company's earning ...
Toll Brothers Opens New Collection of Luxury Homes in Riverside Oaks Community in Sanford, Florida
Newsfilter· 2024-05-17 15:39
SANFORD, Fla., May 17, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced the highly anticipated opening of Riverside Oaks - Estates Collection, a new collection of 51 home sites in Seminole County, Florida. Home buyers are invited to visit the Toll Brothers Sales Center located at the Riverside Oaks - Executive Collection model home at 3682 Arbordale Loop in Sanford. Riverside Oaks – Estates Collection is a premier community offering one- ...