Home Builder Toll Brothers Tanks on Earnings
Posted on February 20, 2013 at 12:24 PM EST
Toll Brothers (NYSE: TOL ) released its fiscal year 2013 first quarter earnings Wednesday. Unfortunately for shareholders, the results weren't pretty. Earnings were up on a year-over-year basis, rounding out the quarter at $0.03 versus a loss of $0.02 in the first quarter of 2012. However, the Horsham, Pennsylvania home