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Toll Brothers Reports Q2 Earnings: What Key Metrics Have to Say
Toll Brothers (NYSE: TOL) reported $2.84 billion in revenue for the quarter ended April 2024, representing a year-over-year increase of 13.2%. EPS of $3.38 for the same period compares to $2.85 a year ago.
The reported revenue represents a surprise of +12.57% over the Zacks Consensus Estimate of $2.52 billion. With the consensus EPS estimate being $4.13, the EPS surprise was -18.16%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- ...