Higher prices help Toll Brothers beat revenue estimates
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Toll Brothers (TOL) Misses Q1 EPS by 1c; Updates Home Deliveries Outlook
February 23, 2016 6:31 AM ESTToll Brothers (NYSE: TOL) reported Q1 EPS of $0.40, $0.01 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $928.6 million versus the consensus estimate of $915.25 million.
Toll Bros. also announced that Bruce E. Toll, Vice Chairman of the Board of Directors of Toll Brothers, has chosen to retire from its Board of Directors, effective on the date of the Company's annual meeting of stockholders, March 8, 2016.
In 1967, at the age of 23, Bruce Toll co-founded, with his brother Bob, what is now Toll Brothers, Inc. Begun as a local home building... More
