logo
Plus   Neg
Share
Email

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%

For comments and feedback contact: editorial@rttnews.com

Follow RTT