Is Toll Brothers More Protected Than Home Depot?

Comments
Loading...

Toll Brothers, Inc. TOL reported better-than-expected earnings for its fourth quarter after the closing bell on Tuesday. The company reported quarterly EPS of $1.24, beating market expectations of $1.15. The company’s sales came in at $1.791 billion, versus estimates of $1.792 billion.

On CNBC, Ken Leon from CFRA said, although it was brutal day for stocks, including Home Depot, Inc. HD, Toll Brothers is a "little bit more protected" as the company’s offering is for luxury homes and there is a rise in cash buyers.

Leon added he wants to get some more insights into growth of communities and backlog.

Price Action: Shares of Toll Brothers were trading down by 2.01%  at $51.22 on Wednesday morning, after dropping 3.3% in regular trading session on Tuesday.

Also Read: Have $100 To Invest? Here Are 3 Ways You Can Start Investing In Real Estate Today

Overview Rating:
Good
62.5%
Technicals Analysis
66
0100
Financials Analysis
60
0100
Overview
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!