Toll Brothers Inc. (TOL) reported earnings for first quarter that decreased from the same period last year and missed the Street estimates.
The company's bottom line came in at $177.70 million, or $1.75 per share. This compares with $239.56 million, or $2.25 per share, last year.
Analysts on average had expected the company to earn $2.05 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 4.5% to $1.859 billion from $1.947 billion last year.
Toll Brothers Inc. earnings at a glance (GAAP) :
-Earnings: $177.70 Mln. vs. $239.56 Mln. last year.-EPS: $1.75 vs. $2.25 last year.-Revenue: $1.859 Bln vs. $1.947 Bln last year.
For comments and feedback contact: editorial@rttnews.com
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.