Toll Brothers: raises guidance for fiscal year

(CercleFinance.com) - On the occasion of the publication of its quarterly results on Tuesday evening, Toll Brothers raised its EPS guidance for fiscal 2023-24 to around $14, instead of $13.
25 to $13.75.

The luxury homebuilder reported Q2 EPS of $4.55, up from $2.85 a year earlier, and up nearly 19% to $3.38 excluding a gain on a land sale.

Revenues from residential sales rose by 6% to $2.65bn, with a similar increase in the number of homes delivered to 2,641, while the net value of contracts signed over the period climbed by 29% to $2.94bn.


Copyright (c) 2024 CercleFinance.com. All rights reserved.