Shares of Toll Brothers, Inc. (NYSE:TOL) rose sharply in today's pre-market after the company posted stronger-than-expected earnings and sales results for the second quarter.
The company reported quarterly earnings of $3.50 per share, which beat the analyst consensus estimate of $2.92 by 19.86%. Quarterly revenue came in at $2.71 billion, which beat the Street estimate of $2.48 billion.
Toll Brothers shares jumped 6.1% to $110.86 in the pre-market trading session.
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