Toll Brothers (TOL) Misses Q2 EPS by 4c, Beats on Revenues; Offers In-Line FY18 Revenue Outlook
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Toll Brothers Reports FY 2018 2nd Qtr Results
May 22, 2018 5:00 AM EDTHORSHAM, Pa., May 22, 2018 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL) (www.tollbrothers.com), the nations leading builder of luxury homes, today announced results for its second quarter ended April 30, 2018.
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... More