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More on Toll Brothers (TOL) FQ1 earnings: The mix of deliveries has the average price of new...

More on Toll Brothers (TOL) FQ1 earnings: The mix of deliveries has the average price of new homes falling to $569K from $582K in Q4 and $571K a year ago. Backlogs of 2.8K units, +57% Y/Y. Net signed contracts +38% in dollar terms, +49% in units. Gross margin of 23.4% vs. 23.2% a year ago. "It appears momentum is building ...We are continuing to gain market share and see little competition from local private builders." Shares -5.2% premarket. (PR)
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  • rolandkeys
    , contributor
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    What's up with this report? - Any Comments?
    20 Feb 2013, 08:14 AM Reply Like
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