Toll Brothers Inc.

NYSE:TOL   4:00:00 PM EDT
-0.46 (-0.79%)
7:51:56 PM EDT: $57.70 -0.10 (-0.17%)
Other Pre-Announcement

Toll Brothers Exec Expects About 60% Of Deliveries To Occur In H2 2021-Conf Call

Published: 12/08/2020 17:38 GMT
Toll Brothers Inc. (TOL) - Toll Brothers Exec Says Demand Has Continued to Be Very Stong in Q1 - Conf Call.
Toll Brothers Exec Says a Very Tight Resale Market is Leading More People to the New Home Market.
Toll Exec Says Deliveries in Q1 2021 Will Reflect Slow Sales Environment Experienced in March Through Mid-may of 2020.
Toll Exec Says Currently There is Only 2.5-month Supply of Resale Homes on the Market, Lowest on Record.
Toll Exec Expects About 60% of Deliveries to Occur in H2 2021.
Toll Exec Expects Average Delivered Price to Dip in Q2, Q3 Due to Mix.
Toll Exec Expects Headwinds With Labor Issues.
Toll Exec Expects 2021 to Be Significantly Positive Cash Flow Year.
Toll Says If There is Opportunity to Expand Business Locally/regionally Through Acquisition Co Would Certainly Take Hard Look.
Toll Exec Says "our Costs Are Up $17,000 This Quarter, and It's All Lumber".
Toll Exec Says Co Saw Very Encouraging Last 6-weeks of Activity in Manhattan.
Toll Exec Says Land Buying Will Be Number 1 Driver in Long Term.
Further Company Coverage: Toln ((reuters.