Toll Brothers Expects Q3 Home Deliveries Of 2,750 - 2,850 Units; Raises FY24 Forecast From 10,000 - 10,500 units To 10,400 - 10,800 Units
Portfolio Pulse from Benzinga Newsdesk
Toll Brothers has updated its forecast for Q3 and FY24 home deliveries. The company expects Q3 deliveries to be between 2,750 and 2,850 units and has raised its FY24 forecast from 10,000-10,500 units to 10,400-10,800 units.
May 21, 2024 | 8:38 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Toll Brothers has raised its FY24 home delivery forecast to 10,400-10,800 units and expects Q3 deliveries to be between 2,750-2,850 units. This positive outlook suggests strong demand and operational efficiency.
The raised forecast for FY24 and the expected Q3 deliveries indicate strong demand and operational efficiency, which are likely to positively impact TOL's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100