Compass Point Remains Neutral on Toll Brothers (TOL) Following EPS Miss

Consumer confidence, housing data signal economy's resilience

August 25, 2015 10:13 AM EDT

By Lucia Mutikani

WASHINGTON (Reuters) - U.S. consumer confidence hit a seven-month high in August and new single-family home sales rebounded in July, suggesting underlying strength in the economy that could still allow the Federal Reserve to raise interest rates this year.

Other data on Tuesday showed moderate gains in house prices in June, which should support consumer spending and keep home purchasing affordable, especially for first-time buyers.

"This is evidence of the 'some further improvement' in the economy that the Fed is waiting for to raise rates. They are so close, they need just a... More

July New Home Sales 507K vs 510K Expected

August 25, 2015 10:00 AM EDT

July New Home Sales 507K vs 510K Expected

Following results, traders are watching:

D.R. Horton, Inc. (NYSE: DHI)
Pulte Group (NYSE: PHM)
KB Home (NYSE:... More

FHFA House Price Index 0.2% vs 0.4% Expected

August 25, 2015 9:01 AM EDT

FHFA House Price Index 0.2% vs 0.4% Expected

Following results, traders are watching:

D.R. Horton, Inc. (NYSE: DHI)
Pulte Group (NYSE: PHM)
KB Home (NYSE: KBH)
Lennar... More

S&P/Case-Shiller MoM 20 City Index -0.12% vs 0.12% Expected

August 25, 2015 9:00 AM EDT

S&P/Case-Shiller MoM 20 City Index -0.12% vs 0.12% Expected

Following results, traders are watching:

D.R. Horton, Inc. (NYSE: DHI)
Pulte Group (NYSE: PHM)
KB Home (NYSE:... More

Toll Brothers (TOL) Misses Q3 EPS by 13c

August 25, 2015 6:01 AM EDT

Toll Brothers (NYSE: TOL) reported Q3 EPS of $0.36, $0.13 worse than the analyst estimate of $0.49. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $1.05 billion.

Outlook:

The Company expects FY 2015 fourth quarter deliveries of between 1,645 and 1,945 units with an average... More

Trading Radar for 8/25: Best Buy (BBY), Toll Bros. (TOL), Sanderson Farms (SAFM), Nimble Storage (NMBL) Report

August 24, 2015 2:26 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
9:00am EDT

Case-Shiller 20-City Index - Street sees 5.1%FHFA Housing Price Index - no Street consensus

Earnings:

BMO Financial Group (NYSE: BMO) - consensus EPS $1.76... More