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by CareyBot

Toll Brothers, a top builder of luxury homes, today reported record fourth-quarter and fiscal-year-end results for earnings, revenues, contracts and backlog for the period ended Oct. 31, 2004. The company's fourth-quarter earnings, revenues and backlog were the highest for any quarter in its history. The company announced record fourth-quarter revenues of $1.46 billion, up 62 percent from the same quarter a year ago, and record contracts of $1.53 billion, which rose 51 percent from last year. For the 2004 fiscal year, Toll Brothers announced record revenues of $3.89 billion, which grew 40 percent from last year; record contracts of $5.64 billion, which grew 62 percent; and a record fiscal year-end backlog of $4.43 billion, which grew 68 percent. "With our record backlog and the current s...