Homebuilder Stock On the Move Before Earnings
Although earnings season is winding down, there are still a few reports next week worth monitoring. Toll Brothers Inc (NYSE:TOL) will announce its latest quarterly report after the close on Tuesday, May 20. Analysts expect the homebuilding name to post earnings of $2.86 per share on revenue of $2.5 billion, representing a decline of 15.4% and 11.8%, respectively, from the same quarter last year. Over the last two years, Toll Brothers stock only closed three post-earnings sessions lower, though that includes ...