Toll Brothers (TOL) Tops Q3 EPS by 5c, reaffirms guidance

Toll Brothers (NYSE: TOL) reported Q3 EPS of $2.97, $0.05 better than the analyst estimate of $2.92. Revenue for the quarter came in at $2.66 billion versus the consensus estimate of $2.62 billion.

Guidance

Karl K. Mistry, chief executive officer, stated: “These results position us for another year of healthy profitability and returns, and we are reaffirming all of our full-year guidance metrics, including approximately $10.5 billion of home sales revenues and an adjusted gross margin of 26.1%."

For earnings history and earnings-related data on Toll Brothers (TOL) click here.

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