Toll Brothers Inc. First Quarter Earnings Sneak Peek

Toll Brothers, Inc. (NYSE:TOL) will unveil its latest earnings on Wednesday, February 22, 2012. Toll Brothers designs, builds, markets and arranges financing for single-family detached and attached homes in luxury residential communities.

Toll Brothers, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 3 cents per share, a swing from a loss of 10 cents in the year-earlier quarter. During the past three months, the average estimate has moved down from 4 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 3 cents during the last month. Analysts are projecting net income of 35 cents per share versus net loss of 5 cents last year.

Past Earnings Performance: The company beat estimates last quarter after falling short in the prior two. In the fourth quarter of the last fiscal year, the company reported profit of 9 cents per share versus a mean estimate of net income of 5 cents per share. In the third quarter of the last fiscal year, the company missed estimates by one cent.

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Wall St. Revenue Expectations: On average, analysts predict $360.8 million in revenue this quarter, a rise of 8% from the year-ago quarter. Analysts are forecasting total revenue of $1.67 billion for the year, a rise of 12.8% from last year’s revenue of $1.48 billion.

Analyst Ratings: Analysts seem relatively indifferent about Toll Brothers with 10 of 15 analysts surveyed maintaining a hold rating.

A Look Back: In the fourth quarter of the last fiscal year, profit fell 70.2% to $15 million (9 cents a share) from $50.5 million (31 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 6.3% to $427.8 million from $402.6 million.

Key Stats:

Revenue rose in the fourth quarter of the last fiscal year after seeing a drop the quarter before. In the third quarter of the last fiscal year, revenue fell 13.2%.

Stock Price Performance: Between November 18, 2011 and February 16, 2012, the stock price rose $4.64 (24.6%), from $18.86 to $23.50. The stock price saw one of its best stretches over the last year between August 23, 2011 and August 31, 2011, when shares rose for seven straight days, increasing 16.6% (+$2.45) over that span. It saw one of its worst periods between July 19, 2011 and July 27, 2011 when shares fell for seven straight days, dropping 6% (-$1.27) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at

To contact the editor responsible for this story: Damien Hoffman at