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Toll Brothers Inc. Profit Rises In Q1

Toll Brothers Inc. (TOL) revealed earnings for its first quarter that rose from last year.

The company said its bottom line advanced to $132.11 million, or $0.83 per share. This was up from $70.42 million, or $0.42 per share, in last year's first quarter.

Analysts had expected the company to earn $0.61 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 28.2% to $1.18 billion. This was up from $920.73 million last year.

Toll Brothers Inc. earnings at a glance:

-Earnings (Q1): $132.11 Mln. vs. $70.42 Mln. last year.
-Earnings Growth (Y-o-Y): 87.6%
-EPS (Q1): $0.83 vs. $0.42 last year.
-EPS Growth (Y-o-Y): 97.6%
-Analysts Estimate: $0.61
-Revenue (Q1): $1.18 Bln vs. $920.73 Mln last year.
-Revenue Change (Y-o-Y): 28.2%

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