UPDATE: Toll Brothers FQ3 Profit Drops 24%
August 21, 2013 at 06:51 AM EDT
Toll Brothers (NYSE: TOL ) reported a 24% drop in its fiscal third-quarter profit. Toll expects full-year home-sale revenue of $2.46 billion to $2.62 billion. Toll's quarterly profit fell to $46.6 million, or $0.26 per share, from $61.6 million, or $0.36 per share, in the year-ago quarter. Its revenue