Toll Brothers Shows Ongoing Strength for Luxury Homes | TOL Stock Analysis
Toll Brothers (TOL) posted a quarter worth writing home about amid ongoing strength for housing demand. The luxury homebuilder nearly doubled its EPS yr/yr in Q4 (Oct), demolishing estimates in the process. Although TOL's order backlog also continued to climb, up 49% yr/yr, that resulted partly from the pressure that supply constraints placed on homes delivered in the quarter.
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