Toll Brothers Inc. (TOL) reported second quarter net income of $0.14 per share Wednesday morning, up from $0.10 per share a year ago. The consensus estimate was for EPS of $0.07.
Toll Brothers gapped up Wednesday and climbed in early trade, but retreated during the afternoon. Shares finished with a gain of 1.06 at $37.07 on above average volume. The stock closed challenging resistance at the highs of the year.
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