Luxury-home builder Toll Brothers Inc (TOL) reported earnings of 30 cents per share for the quarter ending Oct. 31, compared with a loss of 68 cents per share a year earlier.
Revenue declined 17% to $402.6 million, the company said in a statement. Earnings benefitted from factors including a net tax benefit of $59.9 million, lower write-down costs and reduced costs associated with retiring debt….
Continue reading Toll Brothers Posts Quarterly Earnings of 30 Cents Per Share
Toll Brothers Posts Quarterly Earnings of 30 Cents Per Share originally appeared on DailyFinance on Thu, 02 Dec 2010 07:45:00.
Filed Under: Company News, Earnings, Real Estate