Toll Brothers Likely To Report Lower Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Lisa Levin
Toll Brothers, Inc. (NYSE:TOL) is expected to report lower Q4 earnings with an EPS of $3.71, down from $4.70 the previous year, and revenue of $2.78 billion, down from $3.58 billion. Despite better-than-expected Q3 results and a raised forecast, TOL shares dropped 0.7%. Analysts have mixed ratings, with price targets ranging from $74 to $107.
December 05, 2023 | 4:42 pm
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NEGATIVE IMPACT
Toll Brothers is anticipated to report a decrease in Q4 earnings and revenue. Analysts have revised their price targets and ratings, indicating mixed expectations.
The expected decline in earnings and revenue is typically a negative indicator for stock performance in the short term. The mixed analyst ratings and price target revisions reflect uncertainty and could lead to increased volatility around the earnings release.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100