TOL beats Q3 earnings and revenue estimates as higher home prices offset fewer deliveries, while orders grow despite margin pressure.
Toll Brothers NYSE: TOL reported third-quarter fiscal 2026 results that exceeded its guidance for deliveries, home sales revenue, adjusted gross margin and earnings, while management said the housing market remained subdued amid elevated mortgage rates and weak consumer confidence.
Although the revenue and EPS for Toll Brothers (TOL) give a sense of how its business performed in the quarter ended July 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Toll Brothers (TOL) came out with quarterly earnings of $2.97 per share, beating the Zacks Consensus Estimate of $2.9 per share. This compares to earnings of $3.73 per share a year ago.
The company's home sales declined to $2.65 billion as it delivered 2,662 homes in the quarter, down from 2,959 a year ago.
TOL faces a Q3 revenue and earnings decline as high mortgage rates weigh on demand, deliveries and margins.
Investors need to pay close attention to TOL stock based on the movements in the options market lately.
Toll Brothers (TOL) concluded the recent trading session at $150, signifying a -3.28% move from its prior day's close.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
The latest trading day saw Toll Brothers (TOL) settling at $153.24, representing a +1.85% change from its previous close.
The latest trading day saw Toll Brothers (TOL) settling at $154.98, representing a +2.63% change from its previous close.
Toll Brothers (TOL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.