Items Tagged with 'Toll Brothers'


Toll Brothers' beats revenue expectations

Here are the two factors impacting the luxury housing market
Toll Brothers released their earnings on Tuesday, providing better insight on what's affecting the housing market. The luxury homebuilder's results were mainly impacted by these two factors.
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From HW Magazine

Banking on builders

How wise is it to invest in residential construction right now? The answer: it depends
The HW 30 represents the top public companies that make up the core of the nation’s housing economy. Among them are some of the country’s biggest builders, the largest among them D.R. Horton, though Toll Brothers is perhaps the one to watch now. Is it time to invest in home construction? Here’s our take.
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Toll Brothers' earnings surge 29%

Beats expectations
“For the first time in four quarters, our contracts were up in both dollars and units compared with the prior year’s same period,” said Chief Executive Douglas C. Yearley, Jr.
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Toll Brothers CEO calls new mortgage rules dumb

“3% down doesn’t make any sense”
Not every builder is on board with federal regulators’ move this week to open the credit box and ease mortgage-qualification standards. While other builders like PulteGroup and Ryland Group welcome the new rules, Luxury homebuilder Toll Brothers finds the rule dumb.
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Toll Brothers fails to impress analysts

Toll Brothers recorded a second quarter net income of $65.2 million, or $0.35 cents per share, but this failed to impress analysts, who continued to rate the stock at an underperform.
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