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Stock Market & Financial Investment News

News Breaks
December 4, 2012
07:16 EDTTOLToll Brothers reports Q4 EPS $2.35, consensus 23c
Reports Q4 revenue $632.83M, consensus $566.74M. Included in Q4 was a net tax benefit of $350.7M, which included the reversal of $400M of the company's deferred tax asset valuation reserves against its deferred tax asset, offset by a tax provision of $49.3M.
News For TOL From The Last 14 Days
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June 19, 2015
14:26 EDTTOLHomebuilders advance after KB Home reports earnings
Shares of homebuilder stocks are rallying in a down market after group member KB Home (KBH) reported second quarter EPS of 10c on revenue of $623M, beating consensus estimates of 8c and $619M, respectively. Net orders grew 33% to 3,015 in the current quarter, compared to 2,269 in the year-earlier quarter, largely driven by expansion in the company’s average community count. PRICE ACTION: In afternoon trading KB Home is up about 10% to $16.46. Other homebuilder stocks are moving up as well, with DR Horton (DHI) and PulteGroup (PHM) each up about 2% and Lennar (LEN) up 3%.

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