Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities. The company operates through two segments, Traditional Home Building and City Living. It also builds and sells homes in urban infill markets under the Toll Brothers City Living name. In addition, the company develops, owns, and operates golf courses and country clubs that are associated with various master planned communities; develops and sells land to other builders; and develops, operates, and rents apartments. The company serves move-up, empty-nester, active-adult, age-qualified, and second-home buyers in 19 states in the United States. Toll Brothers, Inc. was founded in 1967 and is headquartered in Horsham, Pennsylvania.
tol tracking for its best day since 2013 on ER beat http://www.cnbc.com/2016/05/24/toll-brothers-profit-revenue-beat-on-higher-home-sales.html
Reported before open today (5/24/16) Earnings: EPS $0.51 Revenue $1.12B Estimates: EPS $0.46 Revenue $1.04B Up 8.71% today
Homebuilders have been doing quite well as of late and most are beating earnings estimates. Why is TOL flat since 03/01? Earnings coming up...
Shares of Toll Brothers ($TOL) are moving notably higher in pre-market trading after the home builder reported better than expected first quarter results.
Shares of Toll Brothers ($TOL) are also likely to move to the upside after the luxury home builder reported fiscal second quarter results that exceeded estimates.
