Toll Brothers: Anticipated Earnings and Analyst Insights
Toll Brothers Upcoming Earnings Announcement
Toll Brothers, Inc. (TOL) is set to unveil its first-quarter financial results soon. Investors are keenly anticipating the announcement, which will follow the closing bell on a seemingly pivotal day.
Quarterly Earnings Expectations
Analysts are predicting that the prominent construction firm will report earnings of approximately $2.05 per share. This figure represents a decrease from the $2.25 per share reported in the same quarter last year. Additionally, Toll Brothers is forecasting quarterly revenue to be about $1.91 billion, slightly below the $1.95 billion recorded a year prior. This projection may reflect current market challenges or internal adjustments.
Recent Earnings Performance
In a previous earnings report, the company surprised the market by achieving quarterly earnings of $4.63 per share, surpassing the anticipated consensus estimate of $4.33 per share. Such performance showcases Toll Brothers' ability to exceed expectations, which can significantly impact investor sentiment and stock prices.
Stock Market Reaction
As investors look forward to the upcoming earnings announcement, Toll Brothers' shares have recently experienced a slight uptick, closing at $123.63, which is a 0.1% increase. This minor rally may signal confidence among investors as they await the results.
Analysts' Ratings and Insights
With earning reports on the horizon, analysts from various financial institutions have revised their ratings and price targets for Toll Brothers:
- BofA Securities maintains a Buy rating but adjusted the price target down from $165 to $156 as of January 2025. Rafe Jadrosich, the analyst behind this call, holds a 66% accuracy rate in his recommendations.
- Seaport Global's Kenneth Zener upgraded the stock from Sell to Neutral, reflecting a more optimistic outlook as of January 2025, with a 73% accuracy rate.
- Barclays' Matthew Bouley retains an Underweight rating but lowered the price target from $135 to $115 in January 2025. Bouley's recommendation accuracy stands at 72%.
- UBS analyst John Lovallo continues with a Buy rating, updating the price target from $192 to $185 in January 2025 and maintaining a 69% accuracy record.
- Finally, Citigroup's Anthony Pettinari has opted for a Neutral rating while significantly slashing the price target from $155 to $137 in January 2025, achieving a noteworthy 78% accuracy.
Investor Considerations for TOL
Investors exploring TOL stock should consider analysts' diverse insights alongside the company’s historical performance. The mixed rating adjustments indicate varying degrees of confidence among financial experts, which could influence investment choices.
Frequently Asked Questions
1. When will Toll Brothers announce its earnings?
Toll Brothers is set to announce its first-quarter earnings after the market closes on its designated preview day. Exact timing is typically confirmed on the day itself.
2. What are the expected earnings per share?
Analysts estimate that Toll Brothers will report earnings of $2.05 per share for the upcoming quarter.
3. How did Toll Brothers perform in the last quarter?
In its last quarterly report, Toll Brothers posted earnings of $4.63 per share, exceeding the expected consensus of $4.33 per share.
4. What do analysts think about TOL stock?
The consensus among analysts is mixed, with various price target adjustments reflecting a diverse outlook on Toll Brothers' stock performance.
5. How are the company's shares performing?
Toll Brothers shares recently closed at $123.63, showing a slight increase of 0.1%, demonstrating some investor confidence ahead of the earnings release.
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