February 27, 2018 / 10:06 AM / in 8 months

Homebuilder Toll Brothers profit jumps 87.6 pct

Feb 27 (Reuters) - U.S. luxury homebuilder Toll Brothers Inc on Tuesday reported an 87.6 percent jump in quarterly profit, boosted by an increase in home sales and a benefit related to the new U.S. tax plan.

The company's net income rose to $132.1 million, or 83 cents per share, in the first quarter ended Jan. 31, from $70.4 million, or 42 cents per share, a year earlier.

Revenue rose 27.7 percent to $1.18 billion. (Reporting by Arunima Banerjee in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below