Toll Brothers (TOL $20.96 +0.69) reported second quarter loss ($0.12)
per share, $0.08 worse than the Thomson Reuters consensus of ($0.04).
Revenues rose 2.7% year/year to $319.7 million versus the $321.8 million
consensus.
Fiscal year 2011 second-quarter-end backlog of $1.01 billion, or 1,760 units,
increased 1% in both dollars and units compared to fiscal year 2010's
second-quarter-end backlog.
Based on fiscal year 2011's second-quarter-end backlog and the pace of activity
at its communities, the company currently estimates it will deliver between
2,300-2,800 homes in FY 2011.






