Toll Brothers reports loss, shares fall

Posted : Wed, 22 Feb 2012 16:20:35 +0000

Toll Brothers Inc. recorded a loss for its first fiscal first-quarter but saw an increase in the number of people who signed contracts to buy one of its houses. The Horsham, Pa., company had a first-quarter net loss of $2.8 million, or 2 cents per diluted share, compared with income of $3.4 million, or 2 cents per diluted during the same period a year ago. Before taxes, Toll Brothers (NYSE:TOL)