Toll Brothers Q3 Adj. EPS $3.60 Beats $3.31 Estimate, Sales $2.73B Beat $2.71B Estimate
Portfolio Pulse from Benzinga Newsdesk
Toll Brothers reported Q3 earnings of $3.60 per share, surpassing the $3.31 estimate, despite a year-over-year decrease. Sales also exceeded expectations at $2.73 billion, marking a slight increase from last year.
August 20, 2024 | 8:31 pm
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Toll Brothers reported Q3 earnings of $3.60 per share, beating the estimate of $3.31, despite a decrease from last year's $3.73. Sales were $2.73 billion, slightly above the $2.71 billion estimate.
Toll Brothers' earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. However, the year-over-year decrease in earnings may temper some investor enthusiasm.
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