Toll Brothers (NYSE: TOL) saw its stock drop 5.01% in after-hours trading on Monday following the release of its fiscal fourth-quarter earnings report. The luxury homebuilder reported adjusted earnings of $4.58 per share, missing the analyst consensus estimate of $4.89. Revenue, however, beat expectations at $3.42 billion compared to the estimated $3.30 billion.
The company cited soft demand across many markets and provided a cautious outlook for fiscal 2026, expecting deliveries of 10,300 to 10,700 units. CEO Douglas Yearley emphasized a disciplined approach to managing inventory and pricing amid challenging conditions. The earnings miss and tempered guidance contributed to the after-hours sell-off.
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