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.
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