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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.