Toll Brothers Reports FY 2020 3rd Quarter Results
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Toll Brothers (TOL) Tops Q3 EPS by 19c, Revenues Beat
August 25, 2020 4:16 PM EDTToll Brothers (NYSE: TOL) reported Q3 EPS of $0.90, $0.19 better than the analyst estimate of $0.71. Revenue for the quarter came in at $1.65 billion versus the consensus estimate of $1.55 billion.
FY 2020s Third Quarter Financial Highlights (Compared to FY 2019s Third Quarter):
Net income and earnings per share were $114.8 million and $0.90 per share diluted, compared to net income of $146.3 million and $1.00 per share diluted in FY 2019s third quarter. Pre-tax income was $151.9 million, compared to $186.9 million in FY 2019s third quarter.Home sales revenues were $1.63 billion, down 7%; home building deliveries were 2,022, up 1%.Net... More