Toll Brothers Q1 EPS $2.25 Beats $1.78 Estimate, Sales $1.95B Beat $1.86B Estimate
Portfolio Pulse from Happy Mohamed
Toll Brothers (NYSE:TOL) reported Q1 earnings of $2.25 per share, surpassing the $1.78 estimate, marking a 32.35% increase from last year. Sales reached $1.95B, exceeding the $1.86B estimate, up 9.43% from the previous year.
February 20, 2024 | 9:31 pm
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Toll Brothers reported a significant beat on both earnings per share and sales for Q1, indicating strong financial performance.
The substantial beat on both earnings per share and sales estimates for Toll Brothers indicates a strong financial performance and operational efficiency. This outperformance, especially in a year-over-year comparison, suggests robust growth and could lead to positive investor sentiment, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100