Toll Brothers Reports FY 2019 3rd Quarter Results

Go back to Toll Brothers Reports FY 2019 3rd Quarter Results

JMP Securities Reiterates Market Perform Rating on Toll Bros. (TOL) Following 3Q Report

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

Toll Brothers (TOL) Tops Q3 EPS by 18c, Revenues Beat; Provides FY19 Outlook

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... More