Toll Brothers reported its first-quarter results after Tuesday's closing bell. Here's a look at the details from the report:

Reports Q1 revenue $1.86B, consensus $1.91B. Backlog value was $6.94B at first quarter end. Douglas Yearley, Jr., chairman and chief executive

The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.99 per share. The home builder posted revenue of $1.86 billion in the period, which also did not meet Street forecasts.