Toll Releases Fourth Quarter Earnings
Despite relatively strong 4Q earnings of $131.5M, an increase of 39% over the year ago period, the earnings figure fell short of analyst expectations of 73 cents a share versus the 71 cents a share actually achieved. Importantly, Toll on the earnings call also seemed to indicate that their view on the outlook for overall market conditions next year is an environment very similar to that of 2014 – which is to say tepid.
About author
You might also like
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
Lennar Beats in Street in Fiscal Q1 2015
Public homebuilding bellweather, Lennar, reported fiscal Q1 2015 financials that beat the street on both earnings and revenues. Earnings were $.0.50 per share versus consensus analyst estimates of $0.45 per