Home Markets Toll Brothers (TOL) Dips More Than Broader Markets: What You Should Know

Toll Brothers (TOL) Dips More Than Broader Markets: What You Should Know

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This story originally appeared on Zacks

Toll Brothers (TOL) closed at $65.31 in the latest trading session, marking a -1.03% move from the prior day. This change lagged the S&P 500’s 0.46% loss on the day. At the same time, the Dow lost 0.7%, and the tech-heavy Nasdaq lost 0.68%.

– Zacks

Coming into today, shares of the home builder had gained 9.18% in the past month. In that same time, the Construction sector gained 8.84%, while the S&P 500 gained 4.05%.

Toll Brothers will be looking to display strength as it nears its next earnings release, which is expected to be December 7, 2021. The company is expected to report EPS of $2.48, up 60% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.91 billion, up 14.46% from the year-ago period.

It is also important to note the recent changes to analyst estimates for Toll Brothers. Recent…

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