New Home Sales (Jan) 593K vs 647K Expected

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Toll Brothers (TOL) Tops Q1 EPS by 22c, Revenues In-Line; Offers FY18 Fiscal Outlook

February 27, 2018 5:38 AM EST

Toll Brothers (NYSE: TOL) reported Q1 EPS of $0.83, $0.22 better than the analyst estimate of $0.61. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.18 billion.

FY 2018s First Quarter Financial Highlights (Compared to FY 2017s First Quarter):

Net income was $132.1 million, or $0.83 per share diluted, compared to net income of $70.4 million, or $0.42 per share diluted in FY 2017s first quarter.Pre-tax income was $131.6 million, compared to $109.8 millionRevenues were $1.18 billion - up 28%; home building deliveries were 1,423 units - up... More