Toll Brothers Reports FY 2018 2nd Qtr Results
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Toll Brothers (TOL) Misses Q2 EPS by 4c, Beats on Revenues; Offers In-Line FY18 Revenue Outlook
May 22, 2018 5:37 AM EDTToll Brothers (NYSE: TOL) reported Q2 EPS of $0.72, $0.04 worse than the analyst estimate of $0.76. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.58 billion.
FY 2018s Second Quarter Financial Highlights (Compared to FY 2017s Second Quarter):
Net income was $111.8 million, or $0.72 per share diluted, compared to net income of $124.6 million, or $0.73 per share diluted, in FY 2017s second quarterPre-tax income was $152.7 million, compared to $199.2 millionImpairments were $13.8 million compared to $4.3 millionIncome from unconsolidated entities was $2.6 million compared to $45.9 millionOther income was $15.8 million compared to $14.0... More