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Toll Brothers Beats Earnings and Revenue Estimates Despite High Mortgage Rates

Toll Brothers logoToll Brothers
Sig2.22Sen+4.35Env0.00Soc0.00Gov0.00

Toll Brothers capped its fiscal third quarter with a beat on both revenue and earnings, topping Wall Street estimates as the luxury homebuilder delivered more homes than it guided. The report highlighted resilience at the higher end of the market, with gross margin holding up better than feared despite elevated mortgage rates pressuring housing affordability.

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