Toll Brothers' Earnings Maintain Robust Growth Despite Wall Street's Opinion

Based on Wall Street's response to Toll Brothers' (NYSE: TOL) most recent earnings report, it would seem that this past quarter wasn't that great. Digging into the overall results, though, it's not entirely clear what the Street didn't like. Like many of its peers, the luxury homebuilder posted robust year-over-year growth and is starting to show some payoff for its endeavors into new housing territory: apartments and high-rises.

Here's a brief rundown of Toll Brothers' latest earnings report as well as what management sees in this new market for homebuilding.

Image source: Toll Brothers.

Source: Fool.com