Toll Brothers, Inc. (TOL) Tops Q4 EPS by 4c; Cancellation Rate of 7.9%; Guides FY12 Deliveries, Avg. Price
Toll Brothers, Inc. (NYSE: TOL) reported Q4 EPS of $0.09, $0.04 better than the analyst estimate of $0.05. Revenue for the quarter came in at $427.79 million versus the consensus estimate of $423.97 million.
Toll Brothers' contract cancellation rate (current-quarter cancellations divided by current-quarter gross signed contracts) was approximately 7.9 percent.
Toll sees deliveries between 2,400 and 3,200 homes in FY 2012 at an average price of between $550,000 and $575,000 per home.
Toll Brothers' contract cancellation rate (current-quarter cancellations divided by current-quarter gross signed contracts) was approximately 7.9 percent.
Toll sees deliveries between 2,400 and 3,200 homes in FY 2012 at an average price of between $550,000 and $575,000 per home.