WSJ Developments is live blogging the Toll Brothers conference call.
Here are a few highlights:
• For the year ending Oct. 31, contracts fell 16%, deliveries declined 37% .
• Company has $1.81 billion of cash
• Firm is gaining market share
• 84% of its land is owned (the rest is optioned)
• There will be less competitors int he future
What's been said:Discussions found on the web: