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

Stocks making the biggest moves midday: XPO Logistics, Nvidia, Canopy & more
Facebook shares could be on the road to new highs, trader says
Chinese ride-hailing giant Didi to lay off 15% of its workforce
Cramer Remix: What Jeff Bezos’ private life means for investors
Disney releases ‘Frozen 2’ trailer as it hopes for a big rebound at the holiday box office

Leave a Reply

Your email address will not be published.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