logo
Plus   Neg
Share
Email

Toll Brothers Inc. Reports Drop In Q2 Bottom Line

Toll Brothers Inc. (TOL) announced earnings for second quarter that dropped from the same period last year.

The company's profit totaled $111.81 million, or $0.72 per share. This compares with $124.64 million, or $0.73 per share, in last year's second quarter.

Analysts had expected the company to earn $0.76 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 17.6% to $1.60 billion from $1.36 billion last year.

Toll Brothers Inc. earnings at a glance:

-Earnings (Q2): $111.81 Mln. vs. $124.64 Mln. last year.
-EPS (Q2): $0.72 vs. $0.73 last year.
-Analysts Estimate: $0.76
-Revenue (Q2): $1.60 Bln vs. $1.36 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT