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Toll Brothers expects lower Q3 earnings due to high mortgage rates impacting luxury home sales

Company Fundamentals
18 Aug 2026
Gordon Thompson
View Source
Bearish
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Toll Brothers, a luxury homebuilder, is set to report Q3 earnings with an expected EPS of $2.93 and revenue of $2.62 billion, down from last year's $3.73 EPS and $2.95 billion revenue. The decline is mainly due to high mortgage rates reducing demand for new homes. Despite this, the company remains financially strong with a P/E ratio of 10.92, low debt, and a solid current ratio. Investors are watching closely as the stock recently dipped amid these challenges.

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