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More Squawk from Jim Cramer: Toll Brothers (TOL) Had 'Absolutely Good Quarter'

NEW YORK (TheStreet) -- Shares of Toll Brothers (TOL) were advancing in mid-morning trading on Tuesday after the luxury homebuilder reported higher-than-anticipated revenue and in-line earnings for the 2016 fiscal third quarter.

"This is an absolutely good quarter," TheStreet's Jim Cramer said on CNBC's "Squawk on the Street" this morning.

"Toll reports and immediately the story line is they missed. There's like 47 lines and 46 of them are good. There's one you can pull, which is that the average selling price was $831,000 vs...