Toll Brothers Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
Toll Brothers, Inc. (NYSE:TOL) is set to release its Q1 earnings after the market closes on Feb. 20, 2024, with expectations of $1.78 per share in earnings, up from $1.7 the previous year, and projected revenue of $1.86 billion. The company recently entered a new builder relationship with The St. Joe Company for homesites in Panama City Beach. Shares fell 1.9% to $102.18 recently. Analysts have mixed views, with ratings ranging from Neutral to Strong Buy and price targets adjusted accordingly.

February 20, 2024 | 3:27 pm
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Toll Brothers is anticipated to report an increase in Q1 earnings to $1.78 per share with a revenue projection of $1.86 billion. The company's new partnership with The St. Joe Company and recent share price drop could influence investor sentiment.
The expected increase in earnings and revenue, combined with strategic partnerships, typically signals positive growth, potentially boosting investor confidence despite the recent share price drop. Analyst ratings show a mixed but generally optimistic outlook, suggesting varied investor expectations.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100