Luxury builder Toll Brothers Inc. beat analysts’ estimates for quarterly orders, while providing full-year guidance for 2026 that fell below expectations. The company reported 2,598 signed contracts for the three months through October, according to a statement after the close of trading Monday. Analysts surveyed by Bloomberg expected 2,475. The firm also said it expected to deliver 10,300 to 10,700 homes in fiscal 2026. Analysts surveyed by Bloomberg on average were expecting 10,843. The results “demonstrate that our luxury business is differentiated, as we serve a more affluent customer who is less impacted by affordability pressures,” CEO Doug Yearley said. He also acknowledged “soft demand across many markets.” Bloomberg Intelligence Senior Homebuilding Analyst Drew Reading joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Matt Miller. (Source: Bloomberg)