AlphaStreet – Bite – TOL Webcast

$TOL {{ '2017-05-23T16:43:03+0000' | timeago}} • Webcast

$TOL said that regarding community openings, the company expects seven community openings in Norther California in late 2017. In Southern California, the company expects to have five community openings in the same period.

$TOL {{ '2017-12-06T19:55:10+0000' | timeago}} • Infographic

$TOL Toll Brothers, Inc., Earnings AlphaGraphic: Q4 2017 Highlights

$TOL {{ '2017-12-06T17:48:46+0000' | timeago}} • Webcast

$TOL now estimates the effective tax rate for FY18 to be approximately 37% for the full year assuming no impact from tax reform.

$TOL {{ '2017-12-06T17:48:05+0000' | timeago}} • Webcast

As $TOL posted 4Q17 results, the company now expects FY18 gains from apartment sales to be more than double the FY17 total.

$TOL {{ '2017-12-05T12:55:07+0000' | timeago}} • Announcement

For FY18, $TOL projects revenues of between $6.24Bil and $7.48Bil, based on deliveries of 7,700-8,700 units at an average price of $810,000-860,000.

$TOL {{ '2017-12-05T12:50:31+0000' | timeago}} • Announcement

With revenues soaring 9% to $2.03Bil in 4Q17 and home building deliveries jumping 9% to 2,424 units, $TOL posted a 68% rise in net income of $192MM or $1.17 per diluted share.

$TOL {{ '2017-08-22T19:57:11+0000' | timeago}} • Webcast

$TOL said traffic has been up modestly, while web traffic has been up more dramatically in the range of 30% in 3Q17. The company added that in the California market, traffic numbers have been "crazy high."

$TOL {{ '2017-08-22T19:19:17+0000' | timeago}} • Webcast

Speaking about a dip in margin in 3Q17, $TOL said there were numerous cost increases including land, labor and materials; but these were offset with improved pricing. However, certain warehouses being pushed forward 60-90 days impacted the numbers during the quarter.

$TOL {{ '2017-08-22T13:37:37+0000' | timeago}} • Infographic

$TOL Toll Brothers, Inc. Earnings AlphaGraphic: Q3 2017 Highlights

$TOL {{ '2017-08-22T12:15:52+0000' | timeago}} • Announcement

$TOL now expects to deliver 7,000-7,300 homes in FY17, vs previous guidance of 6,950-7,450 units, at an average price between $800,000 and $825,000 per home. This translates to projected revenues of $5.6-6.0Bil in FY17, vs $5.17Bil in FY16. Deliveries in 4Q17 are anticipated between 2,275 and 2,575 units.

$TOL {{ '2017-08-22T12:10:59+0000' | timeago}} • Announcement

$TOL's backlog in 3Q17 was $5.31Bil, up 21%YoY. The average price of homes in backlog was $845,100, compared to $844,300 a year ago.

$TOL {{ '2017-08-22T12:08:27+0000' | timeago}} • Announcement

Home-builder $TOL posted 18% growth in revenue in 3Q17 to $1.50Bil, despite a drop in average price due to a change in mix. Net income rose to $148.6MM, or $0.87 per share, compared to $105.5MM, or $0.61 per share a year ago. Net signed contracts rose 25% to $1.81Bil, while deliveries were up 26% to 1,899 units during the quarter.

$TOL {{ '2017-05-23T17:02:36+0000' | timeago}} • Webcast

$TOL said the company's cost was up about $2,500 in 2Q17, driven by lumber, labor and some other material. However, the company added that it is generally successful in locking in cost at the time of a house sale.

$TOL {{ '2017-05-23T16:43:03+0000' | timeago}} • Webcast

$TOL said that regarding community openings, the company expects seven community openings in Norther California in late 2017. In Southern California, the company expects to have five community openings in the same period.

$TOL {{ '2017-05-23T12:34:18+0000' | timeago}} • Infographic

$TOL Toll Brothers, Inc. Earnings AlphaGraphics: Q2 2017 highlights

$TOL {{ '2017-05-23T11:05:55+0000' | timeago}} • Announcement

For 3Q17, $TOL expects deliveries of 1,675-1,975 units and average price of $790,000-815,000. The company predicts 3Q17 adjusted gross margin growth of 10 basis points from 2Q17. $TOL sees SG&A to be about 10.4% of 3Q17 revenue, other income and income from unconsolidated entities of $15-30MM and effective tax rate of about 39%.

$TOL {{ '2017-05-23T11:01:58+0000' | timeago}} • Announcement

For FY17, $TOL lifted its home building deliveries outlook to 6,950-7,450 units from 6,700-7,500 units. The company now expects FY17 revenue of $5.4-6.1Bil. $TOL reaffirmed its adjusted gross margin estimate of 24.8-25.3%, and other income and income from unconsolidated entities forecast of $160-200MM. $TOL sees effective tax rate of 37.5%.

$TOL {{ '2017-05-23T11:01:17+0000' | timeago}} • Announcement

$TOL reported a jump in 2Q17 earnings as solid and improving demand and financial strength of affluent buyer base are driving growth. Net income rose to $124.64MM or $0.73 per share from $89.05MM or $0.51 per share last year. Revenue grew to $1.36Bil from $1.12Bil. Home building deliveries jumped 26% to 1,638 units.

$TOL {{ '2016-12-06T17:04:36+0000' | timeago}} • Webcast

$TOL commented that for FY16, interest amortization was about 3.1% of revenue. Going into FY17, the company added that it expects it to go down 10 BP.

$TOL {{ '2016-12-06T16:46:42+0000' | timeago}} • Webcast

$TOL said the company delivered 41% GM on $240MM of revenues from wholly owned City Living projects in FY16. The company added that it is expecting revenue growth of about 70% from wholly owned City Living projects in FY17 at 37% GM.

$TOL {{ '2016-12-06T16:31:25+0000' | timeago}} • Webcast

$TOL stated the company achieved double digit growth in EPS, revenue, contracts and backlog in FY16. In FY17, the company expects it EPS to grow significantly. The company added that currently, $TOL expects purchase accounting and lower GM from the Coleman Homes acquisition to reduce overall adjusted GM by 30-40 BP in FY17.

and a whole lot more…

and a whole lot more…