Toll Brothers

Toll Brothers stock dives after disappointing guidance; CEO blames media for housing slowdown 


Toll Brothers gives weaker-than-expected guidance for the first quarter next year.
CEO Douglas Yearley says reports about the souring house market are causing the slowdown.
Yet, U.S. Census data show new home sales have declined for 11 straight months

https://www.cnbc.com/2018/12/04/toll-bro...yptr=yahoo

Toll Brothers: Fiscal 4Q Earnings Snapshot

HORSHAM, Pa. (AP) _ Toll Brothers Inc. (TOL) on Tuesday reported fiscal fourth-quarter net income of $311 million.

On a per-share basis, the Horsham, Pennsylvania-based company said it had profit of $2.08.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.82 per share.

The home builder posted revenue of $2.46 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $2.33 billion.

For the year, the company reported profit of $748.2 million, or $4.85 per share. Revenue was reported as $7.14 billion.

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https://finance.yahoo.com/news/toll-brot...ccounter=1

Toll Brothers Rises in After-Hours Trading After Topping Estimates

Toll Brothers revenue rises in latest period, as company says demand in housing market is beginning to improve.

Toll Brothers Inc. (TOL - Get Report) posted fiscal first-quarter net income of $112.1 million, or 76 cents a share on revenue of $1.32 billion, vs. earnings of 83 cents a share on sales of $1.2 billion in the same quarter a year ago.

Analysts had expected the luxury home builder to make 61 cents a share on $1.3 billion in revenue, according to FactSet data.

The company said net signed contract value for the period was $1.16 billion, down 31% while contract units fell 24% to 1,379. The company forecast fiscal second-quarter deliveries of 1,650 to 1,850 units with average selling prices between $860,000 and $890,000.

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https://www.thestreet.com/investing/earn...yptr=yahoo

Toll Brothers (TOL) Tops Q2 Earnings and Revenue Estimates

Toll Brothers (TOL) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 12.99%. A quarter ago, it was expected that this home builder would post earnings of $0.63 per share when it actually produced earnings of $0.76, delivering a surprise of 20.63%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Toll Brothers, which belongs to the Zacks Building Products - Home Builders industry, posted revenues of $1.72 billion for the quarter ended April 2019, surpassing the Zacks Consensus Estimate by 11.35%. This compares to year-ago revenues of $1.60 billion. The company has topped consensus revenue estimates four times over the last four quarters.

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https://finance.yahoo.com/news/toll-brot...09966.html