Toll Doubles Profit in 3Q 2104, Stock Drops?

Toll Doubles Profit in 3Q 2104, Stock Drops?

Although the current quarter was a strong one for Toll primarily due to its ability to compress overhead and selling expenses, the stock took a hit as a result of order drops, which the market took as a sign of portending weakness in revenue in the quarters ahead, especially in the face of seemingly diminishing pricing power.

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Previous Strong Finish to the Year?
Next Stage Set for a Strong Second Half of 2014?

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Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

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