Toll Brothers Q2 2024 GAAP EPS $4.55 Beats $4.06 Estimate, Sales $2.837B Beat $2.533B Estimate
Portfolio Pulse from Benzinga Newsdesk
Toll Brothers (NYSE:TOL) reported strong Q2 2024 earnings, with GAAP EPS of $4.55 beating the $4.06 estimate and sales of $2.837 billion surpassing the $2.533 billion estimate. This represents significant year-over-year growth in both earnings and sales.
May 21, 2024 | 8:31 pm
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Toll Brothers reported strong Q2 2024 earnings, with GAAP EPS of $4.55 beating estimates by 12.07% and sales of $2.837 billion surpassing estimates by 11.98%. This indicates robust financial performance and significant year-over-year growth.
The strong earnings and sales performance, significantly beating analyst estimates, is likely to positively impact Toll Brothers' stock price in the short term. The year-over-year growth further reinforces the company's robust financial health.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100