May. 20 at 3:57 PM
$TOL
3QguideisaDISASTERdressedupasa"raise"∗∗Streetwasmodeling3.46 EPS for Q3. Management just implied
$2.85 That’s 17% MISS baked in.
Yeah, they lifted FY guide – but dig deeper: it’s all backward-looking Q2 beat + a pathetic 10bps GM tweak. No real momentum.
So the “beat & raise” narrative? Fake sauce. Smart money sees the Q3 cliff.
Short? Or wait for the rug pull. Either way, don’t chase this pump.