Toll Brothers Expected 4.7% Move on May 19 Earnings

Options data suggest Toll Brothers stock could swing about 4.7% after its May 19 after‑hours earnings release.
In seven of the last eight earnings, the actual price change exceeded the implied move from options.
Historical moves include a 11.8% drop on Dec 9 2024 versus a 5.5% implied, and a 10.5% rise on Aug 20 2024 versus 3.5% implied.
Recent February 17 move was 5.1% versus a 4.1% implied, reinforcing the pattern of outsized reactions.