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Toll Brothers Inc (TOL.N)

TOL.N on New York Stock Exchange

37.27USD
11:14am EDT
Change (% chg)

$-0.13 (-0.35%)
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$37.40
Open
$37.30
Day's High
$37.56
Day's Low
$37.06
Volume
536,017
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552,965
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$52.72
52-wk Low
$36.55

Latest Key Developments (Source: Significant Developments)

Toll Brothers Reports Q2 Earnings Per Share Of $0.72
Tuesday, 22 May 2018 05:00am EDT 

May 22 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS REPORTS FY 2018 2ND QUARTER RESULTS.Q2 EARNINGS PER SHARE $0.72.Q2 EARNINGS PER SHARE VIEW $0.76 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 REVENUE $6.64 BILLION TO $7.31 BILLION.Q2 REVENUE $1.6 BILLION VERSUS I/B/E/S VIEW $1.58 BILLION.SEES FY 2018 ADJUSTED GROSS MARGIN OF BETWEEN 23.75% AND 24.25% OF REVENUES.SEES FULL FY 2018 DELIVERIES OF BETWEEN 8,000 UNITS AND 8,500 UNITS WITH AN AVERAGE PRICE OF BETWEEN $830,000 AND $860,000.SEES THIRD-QUARTER DELIVERIES OF BETWEEN 2,100 AND 2,200 UNITS WITH AN AVERAGE PRICE OF BETWEEN $830,000 AND $850,000.SEES THIRD-QUARTER ADJUSTED GROSS MARGIN OF 23.4% OF REVENUES.BACKLOG VALUE AT SECOND-QUARTER END ROSE TO $6.36 BILLION.  Full Article

Toll Brothers Says Not Seen Much Correlation Between Demand, Interest Rates
Tuesday, 27 Feb 2018 12:19pm EST 

Feb 27 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS -CHANGES IN STATE AND LOCAL TAX DEDUCTIONS, MORTGAGE INTEREST DEDUCTION NOT BEING MENTIONED BY OUR BUYERS EVEN IN HIGH TAX STATES- CONF CALL.TOLL BROTHERS - NOT SEEN MUCH CORRELATION BETWEEN DEMAND AND INTEREST RATES AS LONG AS RATES MOVES ARE GRADUAL AND IN TANDEM WITH AN IMPROVING ECONOMY‍​.TOLL BROTHERS - Q1 BUILDING COSTS ARE UP MODESTLY, PRETTY MUCH ALL DRIVEN BY ABOUT $2,000 ‍​RISE IN LUMBER PRICES FOR CO - CEO ON CONF CALL.  Full Article

Toll Brothers Reports Q1 Earnings Of $0.83 Per Share
Tuesday, 27 Feb 2018 05:00am EST 

Feb 27 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS REPORTS FY 2018 1ST QUARTER RESULTS.Q1 EARNINGS PER SHARE $0.83.Q1 REVENUE ROSE 28 PERCENT TO $1.18 BILLION.SEES FY 2018 REVENUE $6.4 BILLION TO $7.4 BILLION.SEES FULL FY 2018 DELIVERIES OF BETWEEN 7,800 AND 8,600 UNITS.‍BACKLOG VALUE AT FIRST-QUARTER END ROSE TO $5.58 BILLION, UP 28%​.SEES SECOND-QUARTER DELIVERIES OF BETWEEN 1,825 AND 1,925 UNITS.EXPECTED DIP IN COMMUNITY COUNT IN Q1 WILL CONTINUE IN Q2.‍COMPANY REAFFIRMS ITS PREVIOUS GUIDANCE FOR FULL FY 2018 ADJUSTED GROSS MARGIN OF BETWEEN 23.75% AND 24.25%​.TAX REFORM RESULTED IN A $31.2 MILLION ONE-TIME BENEFIT IN Q1.Q1 REVENUE VIEW $1.18 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $6.92 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Toll Brothers Says CEO Douglas Yearley's FY 2017 Total Compensation Was $9.86 Mln
Thursday, 1 Feb 2018 05:26pm EST 

Feb 1 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS INC SAYS CEO DOUGLAS YEARLEY'S FY 2017 TOTAL COMPENSATION WAS $9.86 MILLION VERSUS $12.2 MILLION IN FY 2016 - SEC FILING.TOLL BROTHERS INC SAYS EXECUTIVE CHAIRMAN ROBERT TOLL'S FY 2017 TOTAL COMPENSATION WAS $5.8 MILLION VERSUS $8.4 MILLION IN FY 2016.  Full Article

Toll Brothers Says CEO Douglas Yearley Reported Open Market Sale Of 10,000 Common Shares
Wednesday, 10 Jan 2018 04:39pm EST 

Jan 10 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS INC CEO DOUGLAS YEARLEY REPORTS OPEN MARKET SALE OF 10,000 SHARES OF CO'S COMMON STOCK ON JAN 9 AT $52.08PER SHARE - SEC FILING‍​.  Full Article

Toll Brothers Says Not Seen Change In Buyer Behavior Amid Tax Reform
Tuesday, 5 Dec 2017 12:15pm EST 

Dec 5 (Reuters) - Toll Brothers Inc ::Q4 PROFIT, REVENUE MAINLY HURT BY DELAY IN CLOSING 3 CONDO UNITS, WILL NOW BE DELIVERED IN Q1 - CONF CALL‍​.ON CORPORATE SIDE OF TAX REFORM, ENCOURAGED BY POTENTIAL REDUCTION IN CORPORATE TAX RATE - CEO ON CONF CALL‍​.TOLL BROTHERS - THE ISSUE OF TAX REFORM HAS BEEN LOOMING FOR MONTHS AND WE HAVEN'T SEEN A CHANGE IN OUR BUYERS' BEHAVIOR - CEO ON CONF CALL‍​.TOLL BROTHERS - OUR BUYERS ARE GENERALLY NOT TAX DRIVEN WHEN IT COMES TO BUYING OUR HOME - CEO ON CONF CALL‍​.TOLL BROTHERS - REAL ESTATE TAX AND STATE AND LOCAL TAX DEDUCTION NOT BEING HELPFUL TO BUYERS, ESPECIALLY IN OUR COASTAL REGIONS - CEO ON CONF CALL‍​.TOLL BROTHERS - WE'VE HAD A LITTLE MORE COST INCREASE IN HOUSTON BECAUSE OF THE HURRICANE, NOT SEEN AN IMPACT ON SALES - CONF CALL‍​.TOLL BROTHERS- HURRICANE HAS RAISED COSTS, INCREASED TIME TO BUILD SOME HOMES IN HOUSTON, SAME ISSUE IN FLORIDA, ALTHOUGH NOT TO THE SAME EXTENT.WE'RE ALSO EVALUATING OPPORTUNITY TO CREATE OR ACQUIRE AN OFF-BALANCE-SHEET LAND FUND OR LAND COMPANY‍​ - CONF CALL.  Full Article

Toll Brothers reports Q4 earnings per share $1.17
Tuesday, 5 Dec 2017 05:00am EST 

Dec 5 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS REPORTS 4TH QUARTER AND FYE 2017 RESULTS.Q4 EARNINGS PER SHARE $1.17.Q4 EARNINGS PER SHARE VIEW $1.19 -- THOMSON REUTERS I/B/E/S.Q4 REVENUE $2.03 BILLION VERSUS I/B/E/S VIEW $2.08 BILLION.TOLL BROTHERS SEES Q1 DELIVERIES OF BETWEEN 1,300 AND 1,500 UNITS WITH AVERAGE PRICE OF BETWEEN $820,000 AND $840,000.SEES FY DELIVERIES OF BETWEEN 7,700 AND 8,700 UNITS WITH AN AVERAGE PRICE OF BETWEEN $810,000 AND $860,000.  Full Article

Toll Brothers Q3 earnings per share $0.87
Tuesday, 22 Aug 2017 05:51am EDT 

Aug 22 (Reuters) - Toll Brothers Inc :Toll brothers reports FY 2017 3rd quarter and 9 month results.Q3 earnings per share $0.87.Q3 earnings per share view $0.69 -- Thomson Reuters I/B/E/S.Sees FY 2017 revenue $5.6 billion to $6.0 billion.Q3 revenue $1.5 billion versus I/B/E/S view $1.51 billion.Toll Brothers Inc says ‍now estimates it will deliver between 7,000 and 7,300 homes in FY 2017, compared to previous guidance of 6,950 to 7,450 units​.Toll Brothers Inc - ‍Expects FY 2017 fourth-quarter deliveries of between 2,275 and 2,575 units with an average price of between $840,000 and $860,000​.Toll Brothers - Quarter end backlog of $5.31 billion and 6,282 units rose 21% in dollars and units, compared to FY 2016’s third-quarter-end backlog.Sees ‍average delivered price for FY 2017's full year of between $800,000 and $825,000 per home​.Toll Brothers Inc says ‍expects its fourth-quarter FY 2017 adjusted gross margin to improve 35 to 50 basis points from FY 2017's third-quarter​.  Full Article

Toll Brothers Inc says gave redemption notice to holders of its outstanding 0.50 percent exchangeable senior notes due 2032 - SEC filing
Tuesday, 15 Aug 2017 04:41pm EDT 

Aug 15 (Reuters) - Toll Brothers Inc :Toll brothers Inc says its unit delivered a notice of redemption to holders of its outstanding 0.50 percent exchangeable senior notes due 2032 - SEC filing.Toll Brothers Inc says pursuant to notice issuer will redeem all $287.5 million aggregate principal amount of outstanding notes.Toll Brothers Inc says notes will be redeemed on September 15, 2017 at a redemption price in cash of 100 percent of principal amount of notes.  Full Article

Toll Brothers director Richard Braemer sells 15,000 shares of co's common stock on June 8
Monday, 12 Jun 2017 11:44am EDT 

June 12 (Reuters) - Toll Brothers Inc :Toll Brothers director Richard Braemer reports open market sale of 15,000 shares of co's common stock on June 8 at $37.74 per share - SEC filing.  Full Article

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