Toll Brothers, Inc. (TOL) CEO Douglas Yearley on Q2 2020 Results - Earnings Call Transcript

May 28, 2020 5:30 PM ETToll Brothers, Inc. (TOL) StockTOL
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Q2: 2020-05-27 Earnings Summary

EPS of $0.59 beats by $0.18
 | Revenue of $1.55B (-9.73% Y/Y) beats by $76.65M

Toll Brothers, Inc. (NYSE:TOL) Q2 2020 Results Conference Call May 28, 2020 11:00 AM ET

Company Participants

Douglas Yearley - Chairman and CEO
Marty Connor - CFO
Fred Cooper - SVP Finance and IR
Wendy Marlett - Chief Marketing Officer
Gregg Ziegler - SVP and Treasurer

Conference Call Participants

John Lovallo - Bank of America Merrill Lynch
Alan Ratner - Zelman & Associates
Matthew Bouley - Barclays
Stephen Kim - Evercore ISI
Michael Rehaut - JP Morgan Securities
Mike Dahl - RBC Capital Markets
Susan Maklari - Goldman Sachs
Truman Patterson - Wells Fargo
Jack Micenko - SIG
Jay McCanless - Wedbush Securities
Ryan Tomasello - KBW
Carl Reichardt - BTIG
Alex Barron - Housing Research Center

Operator

Good morning, and welcome to the Toll Brothers Second Quarter Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded.

Now, I’d like to turn the conference over to Mr. Douglas Yearley, Chairman and CEO. Please go ahead.

Douglas Yearley

Thank you very much. Welcome and thank you for joining us today. I hope you and your families and collogues are staying safe and healthy.

With me today are Marty Connor, Chief Financial Officer; Fred Cooper, Senior VP of Finance and Investor Relations, Wendy Marlett, Chief Marketing Officer; and Gregg Ziegler, Senior VP and Treasurer.

Before I begin, I ask you to read the statement on forward-looking information in our earnings release and on our website. I caution you that many statements on this call are forward-looking, based on assumptions about the economy, world events, housing and financial markets, the current and long-term impact of the COVID-19 pandemic and many other factors beyond our control that could significantly affect future results.

As noted in our May 6 press release, due to the uncertainty surrounding

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