Toll Brothers Inc. (TOL) announced a profit for second quarter that decreased from the same period last year
The company's earnings totaled $352.45 million, or $3.50 per share. This compares with $481.62 million, or $4.55 per share, last year.
Excluding items, Toll Brothers Inc. reported adjusted earnings of $352.45 million or $3.50 per share for the period.
The company's revenue for the period fell 3.5% to $2.739 billion from $2.837 billion last year.
Toll Brothers Inc. earnings at a glance (GAAP) :
-Earnings: $352.45 Mln. vs. $481.62 Mln. last year.-EPS: $3.50 vs. $4.55 last year.-Revenue: $2.739 Bln vs. $2.837 Bln last year.
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