Compass Point Remains Neutral on Toll Brothers (TOL) Following EPS Miss
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Consumer confidence, housing data signal economy's resilience
August 25, 2015 10:13 AM EDTBy 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 EDTJuly 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 EDTFHFA 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 EDTS&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 EDTToll 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... MoreTrading Radar for 8/25: Best Buy (BBY), Toll Bros. (TOL), Sanderson Farms (SAFM), Nimble Storage (NMBL) Report
August 24, 2015 2:26 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
9:00am EDT
Earnings:
BMO Financial Group (NYSE: BMO) - consensus EPS $1.76... More

