Toll Releases Fourth Quarter Earnings

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.

Read More

Previous Sunbelt to Lead Homebuilder Growth
Next Hovnanian Beats the Street

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Homebuilders / Land Developers

NAHB Index Reaches a Nine-Month High

The NAHB/Wells Fargo builder sentiment index rose to 59 in June from 54 in May. The consensus forecast among economists was 56. The strong reading seems to be reflective of

Homebuilders / Land Developers

KB Home Stock Hammered

KB Home suffered its worst one-day percentage drop since Aug. 19, 1992 on Tuesday with a 16.3% decline. With lower than expected margins in the 4th quarter of 2014 and

Homebuilders / Land Developers

Building Industry Converges in Vegas

As the International Builders’ Show gets going in Vegas this week, the sentiment seems to be one of cautious optimism. Coming off of a sluggish 2014, loosening mortgage standards for