Earnings

U.S. luxury home builder Toll Brothers said on Tuesday its quarterly profit rose 62.1 percent, as it sold more homes at higher prices.

The company’s net income rose to $311 million, or $2.08 per share, in the fourth quarter ended Oct. 31, from $191.9 million, or $1.17 per share, a year earlier.

Revenue rose 21.1 percent to $2.46 billion.

Products You May Like

Articles You May Like

Weight Watchers eyes a new clientele: Children
Here are the biggest analyst calls of the day: Merck, Intel, Dow & more
Walmart shares jump following earnings beat and raised outlook
Fear needs to get more extreme for stocks to bottom, BofA’s Stephen Suttmeier says
Here’s how I kicked my post-college kid out of the house — and you can, too

Leave a Reply

Your email address will not be published. Required fields are marked *