Toll Brothers Exceeds Expectations in Q3, Raises FY24 Guidance

Toll Brothers, a luxury homebuilder, reported better-than-expected third-quarter financial results, exceeding both revenue and earnings estimates. The company also raised its full-year guidance for key metrics, including unit deliveries and earnings per share, reflecting continued strength in the housing market. Analyst sentiment remains positive, with several firms raising their price targets on the stock.

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