Toll Brothers up after Q2 results beat estimates

Toll Brothers

20/05/2026 11:23

** Shares of homebuilder Toll Brothers TOL.N up 2.5% at $127.32 premarket

** Co posts Q2 revenue of $2.51 billion, above analysts' estimates of $2.42 billion - LSEG data

** Posts adj. Q2 EPS of $2.72, beating expectations of $2.57

** Raises FY 2026 guidance across all key home building metrics

** Forecasts FY26 average home prices at $985,000 to $1,000,000, up from prior forecast of $970,000 to $990,000

** Expects FY26 deliveries between 10,400 units and 10,700 units, compared with prior forecast of 10,300 to 10,700 units

** As of last close, TOL down 8.1% YTD

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))