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UPDATE: Toll Brothers Posts FQ1 Profit

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Toll Brothers (NYSE: TOL) posted a profit in the fiscal first quarter.

Toll Brothers posted a quarterly profit of $4.4 million, or $0.03 per share, versus a year-ago loss of $2.8 million, or $0.02 per share. Its shares outstanding climbed 6.9% y/y to 177.8 million.

Its revenue surged to $424.6 million from $322 million.

Toll Brothers shares closed at $36.90 yesterday.

Posted-In: profitEarnings News

 

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