Toll Brothers expected to keep pace with competition
Earnings go live tomorrow
Toll Brothers' (TOL) second-quarter earnings will be released tomorrow before market open, according to StreetInsider.
Analysts believe the luxury builder will keep pace with other builders that already posted solid second-quarter earnings. StreetInsider has more predictions:
"We expect results to be similar to other homebuilders that have reported, namely, with strong pricingbut order volumes showing a slowdown. Given the commentary from peers we are lowering our order expectations but we do believe that the higher end that Toll dominates will hold up better than the lower end," Eli Hackel, an analyst, said.