Toll Brothers, Inc. (TOL) Tops Q3 EPS Views; Deliveries Down 14%; Guides Q4, FY11 Deliveries
August 24, 2011 6:30 AM
Toll Brothers, Inc. (NYSE: TOL) reported Q3 EPS of $0.25, $0.22 better than the analyst estimate of $0.03. Revenue for the quarter came in at $394.3 million versus the consensus estimate of $406.3 million.
Home deliveries fell 14 percent to 693 units in the quarter.
Sees Q411 deliveries of 620 to 820 homes, and FY11 deliveries of 2475 to 2675 homes.