Toll Brothers: Fiscal 4Q Earnings Snapshot

Toll Brothers: Fiscal 4Q Earnings Snapshot

HORSHAM, Pa. (AP) _ Toll Brothers Inc. (TOL) on Tuesday reported fiscal fourth-quarter net income of $311 million.

On a per-share basis, the Horsham, Pennsylvania-based company said it had profit of $2.08.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.82 per share.

The home builder posted revenue of $2.46 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $2.33 billion.

For the year, the company reported profit of $748.2 million, or $4.85 per share. Revenue was reported as $7.14 billion.

Toll Brothers shares have fallen 30 percent since the beginning of the year. The stock has dropped 32 percent in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on TOL at