Toll Brothers Inc. (TOL) reported fourth quarter net income of $2.35 per share Tuesday morning, up from $0.09 per share a year ago. The latest results included a net tax benefit of $350.7 million. The consensus estimate was for EPS of $0.23. Revenues increased to $632.83 million from $427.79 million. Analysts expected revenues of $566.74 million.
Toll Brothers has gapped up sharply Tuesday and is currently higher by 1.34 at $33.77. The stock has risen to a 1-month high and has re-crossed its 50-day moving average.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.