Toll Brothers released its fourth quarter financial results before the opening bell on Wednesday. The company reported higher profits, but missed analysts’ view.
Earnings were $131.5 million, or 71 cents per share, up from $94.9 million, or 54 cents per share, last year. Analysts expected to see EPS of 73 cents.
Revenue came in at $1.35 billion, up from $1.04 billion last year. Analysts expected to see $1.34 billion in revenue.
Mutual Funds to Watch
Investors seeking exposure to TOL can also purchase a mutual fund instead of the individual stock. The funds below currently hold the largest stakes in the company.
|GSMCX||Goldman Sachs Mid Cap||1.77%|
The Bottom Line
By investing in one of the funds listed above, investors are able to gain exposure to a diversified group of securities. Investors interested in TOL may also be interested in Lennar (LEN) and Ryland Group (RYL).