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Toll Brothers Inc. Bottom Line Rises In Q4

Toll Brothers Inc. (TOL) released a profit for its fourth quarter that advanced from the same period last year.

The company's earnings totaled $310.98 million, or $2.08 per share. This compares with $191.88 million, or $1.17 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.83 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 21.2% to $2.46 billion from $2.03 billion last year.

Toll Brothers Inc. earnings at a glance:

-Earnings (Q4): $310.98 Mln. vs. $191.88 Mln. last year.
-EPS (Q4): $2.08 vs. $1.17 last year.
-Analysts Estimate: $1.83
-Revenue (Q4): $2.46 Bln vs. $2.03 Bln last year.

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