Core Viewpoint - Toll Brothers (TOL) is expected to report quarterly earnings of $4.91 per share, a 6.1% increase year-over-year, with revenues projected at $3.32 billion, reflecting a slight decrease of 0.3% compared to the previous year [1]. Earnings Estimates - There has been no revision in the consensus EPS estimate for the quarter over the last 30 days, indicating stability in analysts' forecasts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Revenues- Home Sales' at $3.29 billion, indicating a year-over-year increase of 0.8% [5]. - 'Revenues- Land Sales' are forecasted to be $65.19 million, reflecting a year-over-year decrease of 11.3% [5]. Unit Metrics - The consensus for 'Closed/Delivered - Units' is 3,377, down from 3,431 in the same quarter last year [5]. - 'Backlog - Units' is expected to be 4,632, a decrease from 5,996 year-over-year [6]. - 'Net contracts - Units' are projected at 2,517, down from 2,658 in the same quarter last year [6]. Pricing Metrics - The 'Average delivered price (Total Average Price Per Unit)' is expected to reach $974.45, compared to $950.20 a year ago [6]. - The 'Average Backlog Price' is projected at $1,173.67, up from $1,078.70 year-over-year [7]. Community Metrics - Analysts predict the 'Number of Selling Communities' will reach 445, an increase from 408 in the same quarter last year [7]. Gross Margin - 'Gross Margin- Home Sales' is expected to be $842.54 million, slightly down from $846.32 million in the same quarter last year [8]. Stock Performance - Over the past month, shares of Toll Brothers have returned +4.1%, while the Zacks S&P 500 composite has seen a -0.1% change [8]. - Toll Brothers currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [8].