We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Stay Ahead of the Game With Toll Brothers (TOL) Q4 Earnings: Wall Street's Insights on Key Metrics
Read MoreHide Full Article
In its upcoming report, Toll Brothers (TOL - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $4.91 per share, reflecting an increase of 6.1% compared to the same period last year. Revenues are forecasted to be $3.32 billion, representing a year-over-year decrease of 0.3%.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
With that in mind, let's delve into the average projections of some Toll Brothers metrics that are commonly tracked and projected by analysts on Wall Street.
According to the collective judgment of analysts, 'Revenues- Home Sales' should come in at $3.29 billion. The estimate suggests a change of +0.8% year over year.
Analysts forecast 'Revenues- Land sales' to reach $65.19 million. The estimate indicates a year-over-year change of -11.3%.
The consensus among analysts is that 'Closed/Delivered - Units' will reach 3,377 . The estimate compares to the year-ago value of 3,431 .
Analysts expect 'Backlog - Units' to come in at 4,632 . The estimate is in contrast to the year-ago figure of 5,996 .
The combined assessment of analysts suggests that 'Average delivered price (Total Average Price Per Unit)' will likely reach $974.45 . The estimate is in contrast to the year-ago figure of $950.20 .
It is projected by analysts that the 'Net contracts - Units' will reach 2,517 . Compared to the current estimate, the company reported 2,658 in the same quarter of the previous year.
The average prediction of analysts places 'Average Backlog Price' at $1173.67 . The estimate compares to the year-ago value of $1078.70 .
Analysts predict that the 'Number of Selling Communities' will reach 445 . Compared to the current estimate, the company reported 408 in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Gross Margin- Home sales' should arrive at $842.54 million. Compared to the current estimate, the company reported $846.32 million in the same quarter of the previous year.
Over the past month, shares of Toll Brothers have returned +4.1% versus the Zacks S&P 500 composite's -0.1% change. Currently, TOL carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Stay Ahead of the Game With Toll Brothers (TOL) Q4 Earnings: Wall Street's Insights on Key Metrics
In its upcoming report, Toll Brothers (TOL - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $4.91 per share, reflecting an increase of 6.1% compared to the same period last year. Revenues are forecasted to be $3.32 billion, representing a year-over-year decrease of 0.3%.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
With that in mind, let's delve into the average projections of some Toll Brothers metrics that are commonly tracked and projected by analysts on Wall Street.
According to the collective judgment of analysts, 'Revenues- Home Sales' should come in at $3.29 billion. The estimate suggests a change of +0.8% year over year.
Analysts forecast 'Revenues- Land sales' to reach $65.19 million. The estimate indicates a year-over-year change of -11.3%.
The consensus among analysts is that 'Closed/Delivered - Units' will reach 3,377 . The estimate compares to the year-ago value of 3,431 .
Analysts expect 'Backlog - Units' to come in at 4,632 . The estimate is in contrast to the year-ago figure of 5,996 .
The combined assessment of analysts suggests that 'Average delivered price (Total Average Price Per Unit)' will likely reach $974.45 . The estimate is in contrast to the year-ago figure of $950.20 .
It is projected by analysts that the 'Net contracts - Units' will reach 2,517 . Compared to the current estimate, the company reported 2,658 in the same quarter of the previous year.
The average prediction of analysts places 'Average Backlog Price' at $1173.67 . The estimate compares to the year-ago value of $1078.70 .
Analysts predict that the 'Number of Selling Communities' will reach 445 . Compared to the current estimate, the company reported 408 in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Gross Margin- Home sales' should arrive at $842.54 million. Compared to the current estimate, the company reported $846.32 million in the same quarter of the previous year.
View all Key Company Metrics for Toll Brothers here>>>Over the past month, shares of Toll Brothers have returned +4.1% versus the Zacks S&P 500 composite's -0.1% change. Currently, TOL carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .