Toll Brothers (TOL) August 23 weekly 129 straddle priced into quarter results
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UBS Reiterates Buy Rating on Toll Bros. (TOL)
August 21, 2024 6:37 AM EDTUBS analyst John Lovallo reiterated a Buy rating and $154.00 price target on Toll Bros. (NYSE: TOL).
The analyst comments "TOL reported FY3Q adj. EPS of $3.60, above both UBSe of $3.23 and Cons. of $3.35. The adj. operating beat versus UBSe was driven by stronger than modeled home sales revenue of $2.72bn (UBSe $2.68bn, Cons. $2.71bn), a higher than expected home sales adj. gross margin (ex impairments and amortization of... More
