Toll Brothers (TOL) Q2 Earnings Miss, Revenues Beat, Guidance Up
TOLToll Brothers(TOL) zacks.com·2024-05-22 22:50

Toll Brothers, Inc. (TOL) reported mixed results for second-quarter fiscal 2024 (ended Apr 30, 2024), wherein its earnings missed the Zacks Consensus Estimate but revenues beat the same. Nonetheless, both the top and bottom lines increased on a year-over-year basis. Shares of this leading luxury homebuilder gained 1.2% in the after-hours trading session on May 21, 2024, following the earnings release. Toll Brothers' fiscal second-quarter success was driven by strong demand for new homes, bolstered by a resi ...