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
Sunbelt to Lead Homebuilder Growth
States with sunny climates, including California, are expected to drive homebuilder growth next year according to various homebuilding analysts. With job growth that is outperforming the market and overall greater
Todd Palmaer Named CEO and President of RSI Communities
Industry veteran, Todd Palmaer, who recently served as a Regional President for Standard Pacific Homes, has been named as the CEO and President of RSI Communities based out of Newport
2015 Builder 100 List
Builder Magazine releases its 2015 list of the biggest homebuilders in the country as measured by total annual closings. At the top of the list, in order, DR Horton, Lennar
