Toll Brothers: Thoughts On Q2 2019 Earnings
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· U.S. luxury homebuilder Toll Brothers Inc forecast 2019 home sales below analysts’ estimates and said it expected its margins to be squeezed by slowing demand and rising incentives. Shares of the company reversed course to fall 2% in extended trading, as orders, an indicator of future revenue, fell 9.1% to 2,424 homes in the second quarter.
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· Toll Brothers Inc. (TOL) is up 3.8% Tuesday morning. The stock is moving higher in reaction to the company’s better than expected second-quarter report. The company posted earnings of 51 cents per share, versus the consensus 46 cents. Revenue was up close to 31% to $1.12 billion, topping the $1.04 billion forecast.
Toll Brothers just released its Q2 2019 earnings which came in way above expectations. The company reported higher margins, higher sales but very weak new orders. Leading housing indicators.
Toll Brothers Inc (TOL) Q2 2019 Earnings Call Transcript. some of that is because we thought they may open in Q2 and now they’re being pushed to Q3.So it is a bit back-end-loaded not so much.
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Toll Brothers, Inc. (NYSE:TOL) after market close Tuesday reported net income and earnings per share of $129.3 million and $0.87 per diluted share for its fiscal second quarter ended April 30, 2019..
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Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, will broadcast live on its website, www.tollbrothers.com, a conference call to. 2019 First Quarter 2019 Earnings.
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Toll Brothers Inc. (TOL) reported better-than-expected revenue and earnings for the first quarter of 2019, sending the stock climbing 3.8% in aftermarket hours on tuesday. total revenues of $1.36 billion were up 16% from the same period last year. Home sales revenues rose 12% to $1.32 billion. Toll Brothers Q1 2019 Earnings Infographic