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More on Toll Brothers (TOL) FQ4 earnings: Home deliveries of 1,088 units, +44% Y/Y. Net signed...

More on Toll Brothers (TOL) FQ4 earnings: Home deliveries of 1,088 units, +44% Y/Y. Net signed contracts of 4.86/community, the highest Q4 since FY2005. Backlog of 2,569 units, +54% Y/Y. Cancellation rate of 4.6% vs. 7.9% a year ago. Average selling price of $582K, +3% Y/Y. Gross margin of 24.6% vs. 24.2% a year ago. (PR)
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