HORSHAM, Pa. (AP) _ Toll Brothers Inc. (TOL) on Tuesday reported fiscal fourth-quarter earnings of $191.9 million.
On a per-share basis, the Horsham, Pennsylvania-based company said it had profit of $1.17.
The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.
The home builder posted revenue of $2.03 billion in the period, which also fell short of Street forecasts. Six analysts surveyed by Zacks expected $2.08 billion.
For the year, the company reported profit of $535.5 million, or $3.17 per share. Revenue was reported as $5.82 billion.
Toll Brothers expects full-year revenue in the range of $6.24 billion to $7.48 billion.
Toll Brothers shares have climbed 63 percent since the beginning of the year. The stock has increased 73 percent in the last 12 months.