Toll Brothers (TOL): FQ1 EPS of $0.03. Revenue of $424.6M misses by $76.03M. (PR)

Toll Brothers (TOL): FQ1 EPS of $0.03. Revenue of $424.6M misses by $76.03M. (PR)
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Comments (2)
  • june1234
    , contributor
    Comments (4414) | Send Message
    Must be that housing recovery they keep talking about
    20 Feb 2013, 06:33 AM Reply Like
  • Michael428
    , contributor
    Comments (872) | Send Message
    Toll earned 98 cents in Q1/2006 and they earned 3 cents in this last quarter. So where is this great McMansion turn around every one is talking about?


    My question is why does a builder who is going to deliver about 4,000 homes this year, need a 40,000 lot inventory (10 years). Wouldn't 16,000 lots be enough? And then the company would not be paying property taxes on the 24,000 excess lots.


    But listen to the call. Not only will you hear the company's spin...but if you are lucky you might even get to hear Ivy ask a question. And then today will be a great day!
    20 Feb 2013, 10:39 AM Reply Like
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