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Toll Brothers Inc. Q2 Earnings Advance

Toll Brothers Inc. (TOL) announced a profit for its second quarter that increased from the same period last year.

The company's profit came in at $129.32 million, or $0.87 per share. This compares with $111.81 million, or $0.72 per share, in last year's second quarter.

Analysts had expected the company to earn $0.75 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.5% to $1.72 billion from $1.60 billion last year.

Toll Brothers Inc. earnings at a glance:

-Earnings (Q2): $129.32 Mln. vs. $111.81 Mln. last year.
-EPS (Q2): $0.87 vs. $0.72 last year.
-Analysts Estimate: $0.75
-Revenue (Q2): $1.72 Bln vs. $1.60 Bln last year.

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