Toll Brothers (TOL) Tops Q3 EPS by 33c
Toll Brothers (NYSE: TOL) reported Q3 EPS of $1.87, $0.33 better than the analyst estimate of $1.54. Revenue for the quarter came in at $2.26 billion versus the consensus estimate of $2.23 billion.
| Fourth Quarter and FY 2021 Financial Guidance: | |||
| Fourth Quarter | Full Fiscal Year 2021 | ||
| Deliveries | 3,450 units | 10,100 units | |
| Average Delivered Price per Home | $840,000 | $830,000 | |
| Adjusted Home Sales Gross Margin | 25.6 % | 24.9 % | |
| SG&A, as a Percentage of Home Sales Revenues | 9.8 % | 11.3 % | |
| Quarter-End Community Count | 340 | 340 | |
| Other Income, Income from Unconsolidated | |||
| Entities, and Gross Margin from Land Sales and Other | $40 million | $140 million | |
| Tax Rate | 26.0 % | 24.6 % | |
For earnings history and earnings-related data on Toll Brothers (TOL) click here.