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December 3, 2012
14:12 EDTTOLEarnings Preview: Toll Brothers sentiment mixed ahead of Q4 results
Toll Brothers (TOL) is expected to report Q4 earnings before the market open on Tuesday, December 4 with a conference call scheduled for 2:00 pm ET. Analysts are looking for EPS of 24c and revenue of $566.74M. The consensus range is 12c-31c for EPS, and $527.7M-$633.16M for revenue, according to First Call. Toll reported positive results in Q3, handily beating EPS and revenue estimates. Management offered a cautiously optimistic view on the housing market, saying, “it was on the mend.” They noted that they were seeing the most sustained demand in over five years, but consumer confidence was still fragile. The company anticipated delivering 3,000-3,200 homes in FY12, and 800-1,000 homes in Q4, slightly higher than prior guidance. Toll’s Q3 backlog was up 59% year over year to $1.62B. Recent sentiment in the stock has been mixed. Several firms have issued downgrades over the past three months, but JMP Securities resumed coverage of the shares with an Outperform rating on September 5. Toll’s stock made a fresh 52-week high of $37.08 in September, and currently sits at approximately the same level it did three months ago. The shares are up about 60% year over year, and approximately 130% since October of 2011.
News For TOL From The Last 14 Days
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November 13, 2014
07:18 EDTTOLUBS to hold a conference
Building & Building Products Annual CEO Conference is being held in New York on November 13 with webcasted company presentations to begin at 9:30 am; not all company presentations may be webcasted. Webcast Link
November 10, 2014
07:10 EDTTOLToll Brothers reports preliminary Q4 revenue $1.35B, consensus $1.31B
Toll Brothers Q4 total revenues of $1.35B and 1,807 units increased 29% in dollars and 22% in units, compared to 4Q13 results of $1.04B and 1,485 units. The average price of homes delivered was $747,000, compared to $732,000 in Q3 and $703,000 in 4Q13. net signed contracts of $970.2M and 1,282 units rose 16% in dollars and 10% in units, compared to FY 2013's fourth-quarter net signed contracts of $839.0M and 1,163 units. The average price per unit of net contracts signed in Q4 was $757,000, compared to $717,000 in Q3 and $721,000 in 4Q13. On a per-community basis, Q4 net signed contracts were 5.01, compared to 4Q13 totals of 5.17, 4.86 in 4Q12, 3.04 in 4Q11 and 2.94 in 4Q10.

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