Toll Brothers Reports FY 2019 3rd Quarter Results
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Go back to Toll Brothers Reports FY 2019 3rd Quarter Results
August 21, 2019 7:05 AM EDT
JMP Securities analyst Peter Martin reiterated a Market Perform rating on Toll Bros. (NYSE: TOL) following the company's 3Q earnings report. Toll Brothers reported F3Q19 diluted EPS of $1.02, beating our expectation of $0.82 and consensus of $0.83. The outperformance was driven by 4% higherthan-expected deliveries and 70bps... More
August 20, 2019 4:34 PM EDT
Toll Brothers (NYSE: TOL) reported Q3 EPS of $1.00, $0.18 better than the analyst estimate of $0.82. Revenue for the quarter came in at $1.77 billion versus the consensus estimate of $1.7 billion.
FY 2019s Third Quarter Financial Highlights (Compared to FY 2018s Third Quarter):
Net income and earnings per share were $146.3 million and $1.00 per share diluted, compared to net income of $193.3 million and $1.26 per share diluted in FY 2018s third quarter.Pre-tax income was $186.9 million, compared to $253.1 million in FY 2018s third quarter.Impairments were $4.7 million, compared to $11.1 million in FY 2018s third quarter.Home sales...
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