Toll Brothers Inc. on Tuesday reported quarterly earnings and sales results that came in below Wall Street’s estimates. The luxury homes builder said fiscal third-quarter earnings were $66.7 million, or 36 cents a share, down from $97.7 million, or 53 cents a share, a year ago. Revenue came in at $1.03 billion compared with $1.06 billion in the year-earlier period. Analysts polled by FactSet had expected per-share earnings of 49 cents a share on revenue of $1.04 billion. Net orders for the third quarter rose 12% to 1,479 units.
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