Toll Brothers Now Expects FY24 EPS Of ~$14.00 (Est $13.65), Up From Prior Outlook Of $13.25 - $13.75
Portfolio Pulse from Benzinga Newsdesk
Toll Brothers has raised its FY24 EPS outlook to approximately $14.00, up from the previous range of $13.25 to $13.75, surpassing the estimated $13.65.
May 21, 2024 | 8:35 pm
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Toll Brothers has increased its FY24 EPS outlook to approximately $14.00, higher than the previous range of $13.25 to $13.75 and above the estimated $13.65. This positive revision indicates strong financial performance and could boost investor confidence.
The upward revision of the EPS outlook suggests that Toll Brothers is performing better than expected, which is likely to positively impact the stock price in the short term as it reflects strong financial health and growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100