FORT WASHINGTON, Pa. (AP) — FORT WASHINGTON, Pa. (AP) — Toll Brothers Inc. (TOL) on Tuesday reported fiscal first-quarter earnings of $210.9 million.
The Fort Washington, Pennsylvania-based company said it had net income of $2.19 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.05 per share.
The home builder posted revenue of $2.15 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $1.84 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TOL at https://www.zacks.com/ap/TOL
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