Toll Brothers (TOL) Tops Q3 EPS by 29c
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Price: $157.37 -4.48%
Revenue Growth %: -9.0%
Financial Fact:
Net income (loss): 105.48M
Today's EPS Names:
CRMT, FOMI, FLES, More
Revenue Growth %: -9.0%
Financial Fact:
Net income (loss): 105.48M
Today's EPS Names:
CRMT, FOMI, FLES, More
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(Updated - August 20, 2024 4:35 PM EDT)
Toll Brothers (NYSE: TOL) reported Q3 EPS of $3.60, $0.29 better than the analyst estimate of $3.31. Revenue for the quarter came in at $2.73 billion versus the consensus estimate of $2.71 billion.
| Fourth Quarter and FY 2024 Financial Guidance: | ||||||
| Fourth Quarter | Full Fiscal Year 2024 | |||||
| Deliveries | 3,275 - 3,375 units | 10,650 - 10,750 units | ||||
| Average Delivered Price per Home | $940,000 - $950,000 | $975,000 | ||||
| Adjusted Home Sales Gross Margin | 27.5 | % | 28.3 | % | ||
| SG&A, as a Percentage of Home Sales Revenues | 8.6 | % | 9.4 | % | ||
| Period-End Community Count | 410 | 410 | ||||
| Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other | $47 million | $260 million | ||||
| Tax Rate | 26.0 | % | 25.4 | % | ||
"We also expect to earn between $14.50 and $14.75 per diluted share with a return on beginning equity of approximately 22.5%."
(Consensus sees FY EPS of $14.20)
For earnings history and earnings-related data on Toll Brothers (TOL) click here.
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