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Toll Brothers (TOL) Tops Q2 EPS by 94c

May 23, 2023 4:31 PM EDT

Toll Brothers (NYSE: TOL) reported Q2 EPS of $2.85, $0.94 better than the analyst estimate of $1.91. Revenue for the quarter came in at $2.51 billion versus the consensus estimate of $2.06 billion.

Third Quarter and FY 2023 Financial Guidance:
Third Quarter Full Fiscal Year 2023
Deliveries 2,350 - 2,450 units 8,900 - 9,500 units
Average Delivered Price per Home $1,005,000 - $1,025,000 $975,000 - $995,000
Adjusted Home Sales Gross Margin 27.7% 27.8%
SG&A, as a Percentage of Home Sales Revenues 9.7% 10.0%
Period-End Community Count 360 385
Other Income, Income from Unconsolidated Entities, and Gross Margin from Land Sales and Other $25 million $125 million
Tax Rate 26.0% 25.7%

For earnings history and earnings-related data on Toll Brothers (TOL) click here.



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