Edition:
India

Toll Brothers Inc (TOL.N)

TOL.N on New York Stock Exchange

41.37USD
20 Apr 2018
Change (% chg)

$-0.31 (-0.74%)
Prev Close
$41.68
Open
$41.62
Day's High
$41.99
Day's Low
$41.17
Volume
483,976
Avg. Vol
584,577
52-wk High
$52.72
52-wk Low
$35.07

Latest Key Developments (Source: Significant Developments)

Toll Brothers Says Sees A Tax Benefit Of Between About $25 Mln And $30 Mln In Q1
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS SAYS SEES A TAX BENEFIT OF BETWEEN APPROXIMATELY $25.0 MILLION AND $30.0 MILLION IN Q1 OF FISCAL YEAR ENDED OCTOBER 31, 2018 - SEC FILING.TOLL BROTHERS SAYS CONTINUES TO SEE "STRONG DEMAND" ACROSS ITS MAJOR MARKETS AT THIS TIME.  Full Article

Toll Brothers prices offering of $400 mln of Senior Notes
Thursday, 18 Jan 2018 

Jan 17 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS, INC. PRICES $400 MILLION OF SENIOR NOTES.‍PRICED AN UNDERWRITTEN PUBLIC OFFERING OF $400 MILLION OF 4.350% SENIOR NOTES DUE 2028​.‍NOTES HAVE A COUPON OF 4.350% AND WILL PAY INTEREST SEMI-ANNUALLY ON FEBRUARY 15 AND AUGUST 15, COMMENCING AUGUST 15, 2018​.  Full Article

Toll Brothers Says CEO Douglas Yearley Reported Open Market Sale Of 10,000 Common Shares
Thursday, 11 Jan 2018 

Jan 10 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS INC CEO DOUGLAS YEARLEY REPORTS OPEN MARKET SALE OF 10,000 SHARES OF CO'S COMMON STOCK ON JAN 9 AT $52.08PER SHARE - SEC FILING‍​.  Full Article

Toll Brothers Says Not Seen Change In Buyer Behavior Amid Tax Reform
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Toll Brothers Inc ::Q4 PROFIT, REVENUE MAINLY HURT BY DELAY IN CLOSING 3 CONDO UNITS, WILL NOW BE DELIVERED IN Q1 - CONF CALL‍​.ON CORPORATE SIDE OF TAX REFORM, ENCOURAGED BY POTENTIAL REDUCTION IN CORPORATE TAX RATE - CEO ON CONF CALL‍​.TOLL BROTHERS - THE ISSUE OF TAX REFORM HAS BEEN LOOMING FOR MONTHS AND WE HAVEN'T SEEN A CHANGE IN OUR BUYERS' BEHAVIOR - CEO ON CONF CALL‍​.TOLL BROTHERS - OUR BUYERS ARE GENERALLY NOT TAX DRIVEN WHEN IT COMES TO BUYING OUR HOME - CEO ON CONF CALL‍​.TOLL BROTHERS - REAL ESTATE TAX AND STATE AND LOCAL TAX DEDUCTION NOT BEING HELPFUL TO BUYERS, ESPECIALLY IN OUR COASTAL REGIONS - CEO ON CONF CALL‍​.TOLL BROTHERS - WE'VE HAD A LITTLE MORE COST INCREASE IN HOUSTON BECAUSE OF THE HURRICANE, NOT SEEN AN IMPACT ON SALES - CONF CALL‍​.TOLL BROTHERS- HURRICANE HAS RAISED COSTS, INCREASED TIME TO BUILD SOME HOMES IN HOUSTON, SAME ISSUE IN FLORIDA, ALTHOUGH NOT TO THE SAME EXTENT.WE'RE ALSO EVALUATING OPPORTUNITY TO CREATE OR ACQUIRE AN OFF-BALANCE-SHEET LAND FUND OR LAND COMPANY‍​ - CONF CALL.  Full Article

Toll Brothers reports Q4 earnings per share $1.17
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS REPORTS 4TH QUARTER AND FYE 2017 RESULTS.Q4 EARNINGS PER SHARE $1.17.Q4 EARNINGS PER SHARE VIEW $1.19 -- THOMSON REUTERS I/B/E/S.Q4 REVENUE $2.03 BILLION VERSUS I/B/E/S VIEW $2.08 BILLION.TOLL BROTHERS SEES Q1 DELIVERIES OF BETWEEN 1,300 AND 1,500 UNITS WITH AVERAGE PRICE OF BETWEEN $820,000 AND $840,000.SEES FY DELIVERIES OF BETWEEN 7,700 AND 8,700 UNITS WITH AN AVERAGE PRICE OF BETWEEN $810,000 AND $860,000.  Full Article

Toll Brothers says confident about Southern California market in FY 2018 - Conf call
Tuesday, 22 Aug 2017 

Aug 22 (Reuters) - Toll Brothers Inc :Toll Brothers says hopeful and confident that FY 2018 should be a continuation of success it's seeing in Southern California - Conf call.  Full Article

Toll Brothers says not seeing any weakness in luxury new home market
Tuesday, 23 Aug 2016 

Toll Brothers Inc : There has been a lot of discussion about weakness in the luxury new home market, we just aren't seeing it - conf call . Few high margin units in city living projected for delivery in 2016 are now projected to be delivered in 2017 - conf call Further company coverage: [TOL.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Toll Brothers third-quarter earnings per share $0.61
Tuesday, 23 Aug 2016 

Toll Brothers Inc : Toll brothers reports FY 2016 3rd quarter and 9 month results . Q3 earnings per share $0.61 . Q3 earnings per share view $0.61 -- Thomson Reuters I/B/E/S . Q3 revenue $1.27 billion versus i/b/e/s view $1.25 billion . Sees FY 2016 revenue up about 19 percent . Sees FY 2016 revenue $4.96 billion to $5.27 billion . In FY 2016's q4, we expect to deliver between 2,025 and 2,325 homes at an average price of between $815,000 and $835,000 . Expects to end FY 2016 with between 305 and 315 selling communities . Q3 end backlog was $4.37 billion .Says previous guidance on deliveries for full FY 2016 narrowed to between 5,900 and 6,200 homes at an average price of between $840,000 and $850,000 per home.  Full Article

Toll Brothers amends credit agreement dated as of Feb 3, 2014
Friday, 5 Aug 2016 

Toll Brothers Inc : Says entered into amendment to certain credit agreement dated as of February 3, 2014 - SEC Filing .Amendment amends the maturity date of the credit agreement from February 3, 2019 to August 2, 2021.  Full Article

Toll Brothers says there's no demand weakness at "high end" of market
Tuesday, 24 May 2016 

Toll Brothers Inc : Says not seen any significant change in appetite of foreign buyers in california or in new york city high rise projects - conf call . Says volumes in southern california to increase progressing through the balance of the year - conf call . Sees continued small decline in home sales volume in northern california through the rest of 2016 - conf call . Says net result of home sales in california to be up in 2016 - conf call . There's no demand weakness at "high end" of market in most toll regions; one potential exception in high end is new york city - conf call Further company coverage: [TOL.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

UPDATE 4-Homebuilder Toll Brothers beats on profit, sector worries weigh

* Number of homes sold rise 19.6 pct (Adds details from conf call; Updates shares)