Toll Brothers profit beat clouded by weakness in orders

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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