Toll Brothers Reports FY 2016 2nd Qtr and Six Month Results
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Toll Brothers (TOL) Tops Q2 EPS by 5c
May 24, 2016 7:13 AM EDT(Updated)
Toll Brothers (NYSE: TOL) reported Q2 EPS of $0.51, $0.05 better than the analyst estimate of $0.46. Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $1.04 billion.
"Subject to the caveats in our Statement on Forward-Looking Information included in this release, we offer the following limited guidance. We estimate unit backlog conversion for the third quarter at 30%. We are narrowing our previous full fiscal year guidance and now expect to... More
