Toll Brothers Earnings: What To Look For From TOL

Homebuilding company Toll Brothers will be reporting results this Tuesday after market hours. Here’s what you need to know.Toll Brothers beat analysts’ revenue expectations last quarter, reporting revenues of $2.15 billion, up 15.4% year on year. It was a strong quarter for the company, with a solid beat of analysts’ adjusted operating income estimates and an impressive beat of analysts’ revenue estimates.Is Toll Brothers a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.This quarter, the market is expecting Toll Brothers’s revenue to decline 11.7% year on year, a further deceleration from the 3.5% decrease it recorded in the same quarter last year.The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Toll Brothers rarely misses Wall Street’s revenue estimates.Looking at Toll Brothers’s peers in the home builders segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Taylor Morrison Home’s revenues decreased 26.8% year on year, beating analysts’ expectations by 4.1%, and TopBuild reported revenues up 17.2%, topping estimates by 2.5%. Taylor Morrison Home traded up 3.9% following the results while TopBuild was also up 1.9%.Read our full analysis of Taylor Morrison Home’s results here and TopBuild’s results here.Investors in the home builders segment have had steady hands going into earnings, with share prices flat over the last month. Toll Brothers is down 13.9% during the same time and is heading into earnings with an average analyst price target of $168.38 (compared to the current share price of $126.84).ALSO WORTH WATCHING: Nvidia’s Quiet Partner. Nvidia’s chips cost a hundred grand. The connectors that make them work cost even more. One company makes them all.Every AI server needs specialized infrastructure the chip companies don’t make. High-speed cables. Power connectors. Thermal sensors. This 90-year-old company built a monopoly on it. The AI boom just started. This stock is still flying under the radar. Claim The Stock Ticker Here for FREE.