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Toll Brothers Inc. (TOL) Dropped After Q4 Profit Disappoints

Toll Brothers Inc. (TOL) reported fourth quarter EPS of $1.17 Tuesday morning, compared to $0.67 last year. Street expectations were for EPS of $1.19.

Toll Brothers gapped open sharply lower Tuesday, but traded in a range throughout the session. The stock closed down by 3.73 at $46.93 with volume at over a 9-month high. Toll Brothers pulled back sharply from the highs of the year and set nearly a 2-week low.

by RTTNews Staff Writer

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