Toll Brothers

Wells Fargo analyst Sam Reid initiates coverage on Toll Brothers (NYSE:TOL) with a Overweight rating and announces Price Target of $80.

Barclays analyst Matthew Bouley maintains Toll Brothers (NYSE:TOL) with a Underweight and lowers the price target from $81 to $74.

Toll Brothers (NYSE:TOL) reported quarterly earnings of $3.73 per share which beat the analyst consensus estimate of $2.81 by 32.74 percent. This is a 58.72 percent increase over earnings of $2.35 per share from the same period last year. The company reported quarterly sales of $2.69 billion which beat the analyst consensus estimate of $2.41 billion by 11.52 percent. This is a 7.72 percent increase over sales of $2.50 billion the same period last year.

Toll Brothers (NYSE:TOL) Sees 4Q Deliveries 2,650 Units to 2,750 Units。

Toll Brothers, Inc. (NYSE:TOL) is expected to report financial results for its third quarter ended July 31, 2023, after the closing bell on Aug. 22, 2023. Analysts expect the company to post quarterly earnings at $2.81 per share, up from year-ago earnings of $2.35 per share. The company’s revenue might come in at $2.41 billion, compared to $2.26 billion in the year-ago period.

Toll Brothers (NYSE:TOL) Expects Deliveries Of 2,350-2,450 Units In Q3; Boosts FY23 Deliveries Outlook From 8,000-9,000 Units To 8,900-9,500 Units