Toll Brothers' strong revenue, orders suggest firming housing growth
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Toll Brothers (TOL) Reports In-Line Q3 EPS; Guides Q4, FY16
August 23, 2016 6:10 AM EDTToll Brothers (NYSE: TOL) reported Q3 EPS of $0.61, in-line with the analyst estimate of $0.61. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.25 billion.
Net signed contracts of $1.45 billion and 1,748 units rose 18% in dollars and units, compared to FY 2015s third quarter. The average price of net signed contracts was $831,000, compared to $834,000 in... More