Toll Brothers, Inc. (NYSE:TOL) Q1 2024 Earnings Conference Call February 21, 2024 8:30 AM ET Company Participants Douglas Yearley - Chief Executive Officer Marty Connor - Chief Financial Officer Conference Call Participants Ivy Zelman - Zelman & Associates Sam Reid - Wells Fargo Stephen Kim - Evercore ISI Mike Dahl - RBC Capital Markets Rafe Jadrosich - Bank of America John Lovallo - UBS Michael Rehaut - JPMorgan Buck Horne - Raymond James Operator Good morning, everyone and welcome to the Toll Brothers Fir ...

Toll Brothers, Inc. (TOL) reported solid results for first-quarter fiscal 2024 (ended Jan 31, 2024), wherein its top and bottom lines surpassed the Zacks Consensus Estimate and increased on a year-over-year basis.Shares of this leading luxury homebuilder gained 1.3% during the trading session and 2.1% in the after-hours trading session on Feb 20.Since mid-January, TOL has experienced a notable surge in demand coinciding with the onset of the spring selling season. Buoyed by a robust job market, improving co ...

Key PointsDespite weakening housing data, Toll Brothers outpaces consensus and provides solid guidance for the year. The takeaway is robust cash flow and capital returns.Analysts are driving the market higher and should continue to do so as the year progresses. 5 stocks we like better than Toll BrothersThe latest mortgage data is tepid, to say the least, but Toll Brothers NYSE: TOL stock is still a buy. Whether the housing market normalizes or not, there is still demand for homes, and management is skillful ...

Toll Brothers (TOL) reported $1.95 billion in revenue for the quarter ended January 2024, representing a year-over-year increase of 9.4%. EPS of $2.25 for the same period compares to $1.70 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.87 billion, representing a surprise of +4.09%. The company delivered an EPS surprise of +27.12%, with the consensus EPS estimate being $1.77.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...

Toll Brothers (TOL) came out with quarterly earnings of $2.25 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $1.70 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 27.12%. A quarter ago, it was expected that this home builder would post earnings of $3.66 per share when it actually produced earnings of $4.11, delivering a surprise of 12.30%.Over the last four quarters, the compan ...

Toll Brothers (TOL) closed the latest trading day at $104.18, indicating a +1.45% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 0.58% for the day. At the same time, the Dow added 0.91%, and the tech-heavy Nasdaq gained 0.3%.Coming into today, shares of the home builder had gained 3.84% in the past month. In that same time, the Construction sector gained 4.75%, while the S&P 500 gained 4.61%.Market participants will be closely following the financial resul ...

Toll Brothers, Inc. (TOL) is scheduled to report first-quarter fiscal 2024 (ended Jan 31, 2024) results on Feb 20, after the closing bell.In the last reported quarter, the company’s earnings and revenues surpassed the Zacks Consensus Estimate by 12.3% and 8.6%, respectively. Earnings and revenues, however, decreased 12% and 18.6% from the prior-year period, respectively.On an encouraging note, earnings topped analysts’ expectations in all the trailing four quarters, the average surprise being 29.4%.Trend in ...

QUAKERTOWN, Pa., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest single-family home community, Steeple Run, is coming soon to Quakertown, Bucks County, Pennsylvania. Construction of the Sales Center and model home is set to begin in the spring of 2024 and sales will start this summer. Located in Richland Township, Steeple Run will include 38 new two-story single-family homes. Home buyers will be able to choose from th ...

In its upcoming report, Toll Brothers (TOL) is predicted by Wall Street analysts to post quarterly earnings of $1.77 per share, reflecting an increase of 4.1% compared to the same period last year. Revenues are forecasted to be $1.87 billion, representing a year-over-year increase of 5.1%.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company re ...

HEBER CITY, Utah, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced its newest community, Toll Brothers at Jordanelle Ridge, is coming soon to Coyote Canyon Parkway in the Jordanelle Ridge master plan located in Heber City, Utah. Site work is underway, and construction of the Sales Center and model home will begin this Spring. Located in the heart of Heber City, Toll Brothers at Jordanelle Ridge will include 30 new homes with stun ...