Recap: Toll Brothers Q4 Earnings
Portfolio Pulse from Benzinga Insights
Toll Brothers (NYSE:TOL) reported Q4 earnings with an EPS of $4.11, beating estimates by 10.48% but with a revenue decrease of $692M from the same period last year. The company has a history of beating EPS estimates, which in the past has led to a share price increase the following day.
December 05, 2023 | 9:40 pm
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Toll Brothers reported a strong Q4 EPS of $4.11, surpassing estimates by 10.48%, but experienced a significant revenue drop from the previous year.
Toll Brothers' EPS beat is likely to be viewed positively by investors, as historical data shows a tendency for the share price to rise following an earnings beat. However, the revenue decline may temper some of the positive sentiment.
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