Key Takeaways Toll Brothers now builds about 50% of homes on spec, up from just 10-15% historically.Spec homes improve efficiency and help TOL meet demand shifts without sacrificing premium appeal.TOL's 2025 EPS estimate fell to $13.86 from$13.95, with revenue growth projected at 0.2%.Toll Brothers, Inc. (TOL) continues to refine its operating strategy as the housing market navigates affordability challenges, shifting buyer preferences, and fluctuating mortgage rates. At the center of its approach lies a s ...