$TOL (Toll Brothers Inc.)

$TOL {{ '2016-05-24T17:49:53+0000' | timeago}} • Webcast

Nishu Sood of Deutsche Bank asks whether strong volumes in New York City Living have led to some pricing stability and pricing power. CEO Doug Yearley said $TOL continues to have significant pricing power in Hoboken. He added that in Manhattan the pace and price have met the company's expectations, hence the pricing there is flat.

$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.

$TOL {{ '2016-12-06T13:55:23+0000' | timeago}} • Infographic

$TOL Toll Brothers Earnings AlphaGraph: Q4 2016 Highlights

$TOL {{ '2016-12-06T12:16:56+0000' | timeago}} • Announcement

$TOL expects 1Q17 deliveries of 1,000-1,250 units with average price of $750,000-780,000. For 2017, deliveries are expected to be 6,500-7,500 units with average price of $775,000-825,000. $TOL expects FY17 adjusted gross margin of 24.8-25.3% of revenues, on impact from Coleman Homes purchase and other changes in product deliveries mix.

$TOL {{ '2016-12-06T12:14:08+0000' | timeago}} • Announcement

Home builder $TOL reported a drop in 4Q16 earnings due to higher costs and expenses as well as a rise in warranty charge primarily related to old stucco homes. Net income fell to $114.38MM or $0.67 per share from $147.16MM or $0.80 per share last year. Revenue grew to $1.86Bil from $1.44Bil.

$TOL {{ '2016-08-23T16:38:45+0000' | timeago}} • Webcast

JP Morgan analyst Mike Rehaut questions about any changes made on pricing & incentive metrics to get better results on order trends. $TOL says that it is sticking to its business model to drive price & margin. The 18% order growth and 23% deposit growth for the last 3 weeks is not due to $TOL increasing incentives and focusing on top line.

$TOL {{ '2016-08-23T16:32:07+0000' | timeago}} • Webcast

Credit Suisse analyst Michael Dahl questions about contract activity for the first few weeks of Aug. $TOL says that deposits are the most relevant information about concurrent activity. Since Aug. 1, new potential buyers walked through the door & decided to give a deposit & reserve a lot. So, $TOL says it's appropriate to just give deposit info.

Recent Transcripts

RAVN (Raven Industries Inc.)
Tuesday, November 21 2017 - 3:00pm
PFIE (Profire Energy, Inc.)
Thursday, November 9 2017 - 6:00pm
DHI (DR Horton Inc.)
Thursday, November 9 2017 - 1:30pm
CVCO (Cavco Industries, Inc.)
Wednesday, November 8 2017 - 6:00pm
LGIH (LGI Homes, Inc.)
Tuesday, November 7 2017 - 5:30pm
PSDV (pSivida Corp.)
Tuesday, November 7 2017 - 1:30pm
ROLL (RBC Bearings Inc.)
Friday, November 3 2017 - 3:00pm
TMHC (Taylor Morrison Home Corporation)
Wednesday, November 1 2017 - 12:30pm
MTH (Meritage Homes Corporation)
Friday, October 27 2017 - 3:01pm
AVHI (A V Homes Inc)
Friday, October 27 2017 - 12:30pm
TPH (TRI Pointe Group, Inc.)
Wednesday, October 25 2017 - 2:00pm
WGO (Winnebago Industries, Inc.)
Thursday, October 19 2017 - 2:00pm
CTO (Consolidated Tomoka Land Co.)
Thursday, October 19 2017 - 1:00pm
LEN.B (Lennar Corporation)
Tuesday, October 3 2017 - 3:00pm
KBH (KB Home)
Thursday, September 28 2017 - 9:00pm
PSDV (pSivida Corp.)
Monday, September 11 2017 - 8:30pm
HOV (Hovnanian Enterprises Inc.)
Thursday, September 7 2017 - 3:00pm
RAVN (Raven Industries Inc.)
Thursday, August 24 2017 - 2:00pm
TOL (Toll Brothers Inc.)
Tuesday, August 22 2017 - 3:00pm
CDTI (Clean Diesel Technologies Inc.)
Monday, August 14 2017 - 9:00pm

AlphaGraphics you may like