Toll Brothers (TOL) Q1 Earnings and Revenues Miss Estimates

Toll Brothers (TOL) came out with quarterly earnings of $1.75 per share, missing the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $2.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.06%. A quarter ago, it was expected that this home builder would post earnings of $4.30 per share when it actually produced earnings of $4.63, delivering a surprise of 7.67%.Over the last four quarters, the compan ...