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Luxury homebuilder Toll Brothers reported an earnings and revenue beat on Wednesday, helped by strong demand in orders for homes.
Home builder Toll Brothers' stock up 3% as rise in contracts offsets earnings
Scott Olson/Getty Images(Reuters) - U.S. luxury homebuilder Toll Brothers Inc reported higher-than-expected quarterly profit and revenue, helped by strong demand, and the company raised the low end of its deliveries forecast for the current year.Toll...
Feb 22 (Reuters) - U.S. luxury homebuilder Toll Brothers Inc reported higher-than-expected quarterly profit and revenue, helped by strong demand, and the company raised the low end of its deliveries forecast for the current year.
Toll Brothers reported a 3.8 percent fall in quarterly profit, hurt by lower average selling prices for its luxury homes.
Feb 22 (Reuters) - Toll Brothers Inc reported a 3.8 percent fall in quarterly profit, hurt by lower average selling prices for its luxury homes.
* Q1 earnings per share view $0.35 -- Thomson Reuters I/B/E/S
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