Toll Brothers (TOL) Tops Q4 EPS by 25c, Revenues Beat; Notes Slowdown in California
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Toll Brothers Reports 4th Quarter and FYE 2018 Results
December 4, 2018 5:00 AM ESTHORSHAM, Pa., Dec. 04, 2018 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL) (www.tollbrothers.com), the nations leading builder of luxury homes, today announced results for its fourth quarter and fiscal year ended October 31, 2018.
Fourth Quarter Highlights (compared to FY 2017s fourth quarter):
Net income and earnings per share grew 62% and 78%, respectively, to $311.0 million, or $2.08 per share diluted, compared to net income of $191.9 million, or $1.17 per share diluted, in FY 2017s fourth quarterPre-tax income grew 31% to $396.5 million, compared to $301.7 million in FY 2017s fourth... More