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Toll Brothers Inc. Q4 Profit Increases, Beats Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Toll Brothers Inc. (TOL) revealed earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's earnings came in at $475.41 million, or $4.63 per share. This compares with $445.54 million, or $4.11 per share, in last year's fourth quarter.

Excluding items, Toll Brothers Inc. reported adjusted earnings of $475.41 million or $4.63 per share for the period.

Analysts on average had expected the company to earn $4.34 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.4% to $3.333 billion from $3.020 billion last year.

Toll Brothers Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $475.41 Mln. vs. $445.54 Mln. last year.
-EPS (Q4): $4.63 vs. $4.11 last year.
-Revenue (Q4): $3.333 Bln vs. $3.020 Bln last year.

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