Analysts anticipate profit decline and reduced deliveries

  • Toll Brothers expected to report lower revenue and net income for Q4
  • Analysts estimate a profit of $405 million, compared to $640.5 million last year
  • Revenue expected to fall to $2.78 billion from $3.71 billion
  • Deliveries expected to be 2,733 units, down from 3,765 units last year
  • Toll Brothers’ stock fell about 12% during the quarter
  • Analysts will be watching for the impact of rising interest rates on Toll Brothers’ business
  • Homebuilders are cutting prices for units, Toll Brothers will provide insight on price cuts and their effect on the company

Toll Brothers is set to report its fiscal fourth-quarter results, with analysts expecting a decline in both revenue and net income. The company is estimated to report a profit of $405 million, compared to $640.5 million in the same period last year. Revenue is expected to fall to $2.78 billion from $3.71 billion. Deliveries are also anticipated to be lower, with analysts predicting 2,733 units compared to 3,765 units last year. Toll Brothers’ stock has already fallen about 12% during the quarter. Analysts will be closely watching the impact of rising interest rates on the company’s business, as Toll Brothers is seen as less exposed to these rate increases due to its wealthier customer base. Additionally, the company will shed light on the extent of price cuts for its units and how it is affecting the bottom line, as homebuilders are generally reducing prices.

Public Companies: Toll Brothers (TOL)
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Factuality Level: 8
Justification: The article provides specific information about Toll Brothers’ expected net income, revenue, and deliveries, citing estimates from analysts. It also mentions the company’s stock performance and provides insights from Oppenheimer analysts. The article does not contain any irrelevant or misleading information, sensationalism, redundancy, or opinion masquerading as fact. It focuses on the key financial aspects of Toll Brothers’ upcoming earnings report and provides relevant context.

Noise Level: 7
Justification: The article provides some relevant information about Toll Brothers’ expected financial results and factors that may impact their business. However, it lacks in-depth analysis, evidence, and actionable insights. It mainly focuses on financial estimates and general industry trends without providing a comprehensive understanding of the company’s performance or strategies.

Financial Relevance: Yes
Financial Markets Impacted: Toll Brothers

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to the financial performance of Toll Brothers, a luxury homebuilder. It provides information on the company’s expected net income, revenue, and deliveries for the fiscal fourth quarter. There is no mention of an extreme event or its impact.

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