Toll Brothers Inc. (TOL) reported that its second-quarter net income increased to $24.67 million or $0.14 per share from $16.87 million or $0.10 per share last year. The company's second quarter result included a pre-tax gain of $13.2 million in other income associated with the settlement of derivative litigation.
Revenues rose to $516.00 million from $373.68 million last year.
On average, 20 analysts polled by Thomson Reuters expected the company to report profit per share of $0.07 for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $511.06 million for the quarter.
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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.