Toll Brothers Fiscal Q3 Adjusted Earnings Fall, Revenue Rises-February 2024-www.financetom.com

Toll Brothers Fiscal Q3 Adjusted Earnings Fall, Revenue Rises

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Toll Brothers Fiscal Q3 Adjusted Earnings Fall, Revenue Rises

Aug 20, 2024 2:14 PM

04:53 PM EDT, 08/20/2024 (MT Newswires) -- Toll Brothers ( TOL ) reported fiscal Q3 adjusted earnings late Tuesday of $3.60 per diluted share, down from $3.73 a year earlier.

Analysts polled by Capital IQ expected $3.31 per share.

Revenue for the quarter ended July 31 was $2.73 billion, up from $2.69 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.71 billion.

Toll Brothers ( TOL ) said it repurchased roughly 2.1 million shares for $245.9 million, bringing full year repurchases to $427.1 million. The company now expects about $600 million of share repurchases in fiscal 2024.

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