Toll (TOL) Offers Better-Than-Expected Prelim. Q4 Sales

November 8, 2011 8:07 AM EST
Toll (NYSE: TOL) reports preliminary Q4 sales of $427.7 million, net signed contracts $389.9 million, backlog at the end of the quarter $981.1 million, consisting of 1,667 units. The cancellation rate was 7.9%.

Analysts on the Street were looking for Q4 sales of $417.4 million.


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